Bon Natural Life Limited (NASDAQ:BON) Sees Large Decrease in Short Interest

Bon Natural Life Limited (NASDAQ:BON) was the recipient of a large drop in short interest during the month of February. As of February 13th, there was short interest totaling 11,807 shares, a drop of 61.9% from the January 29th total of 30,993 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 25,551 shares, the days-to-cover ratio is presently 0.5 days. Based on an average daily trading volume, of 25,551 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.2% of the shares of the company are sold short.

Bon Natural Life Trading Up 2.5%

BON opened at $1.64 on Thursday. The company has a quick ratio of 1.61, a current ratio of 1.74 and a debt-to-equity ratio of 0.01. Bon Natural Life has a 52 week low of $1.14 and a 52 week high of $73.75. The business’s 50 day moving average is $1.65 and its two-hundred day moving average is $1.74.

Bon Natural Life Company Profile

Bon Natural Life Limited, together with its subsidiaries, engages in the research and development, manufacture, and sale of functional active ingredients extracted from natural herb plants in the People’s Republic of China and internationally. The company provides personal care ingredients, such as plant extracted fragrance compounds to perfume and fragrance manufacturers; natural health supplements comprising powder drinks and bioactive food ingredient products primarily used as food additives; and nutritional supplements.