Short Interest in Bon Natural Life Limited (NASDAQ:BON) Declines By 39.0%

Bon Natural Life Limited (NASDAQ:BON) was the target of a significant drop in short interest in the month of September. As of September 30th, there was short interest totaling 45,700 shares, a drop of 39.0% from the September 15th total of 74,900 shares. Based on an average daily trading volume, of 1,130,000 shares, the short-interest ratio is currently 0.0 days. Based on an average daily trading volume, of 1,130,000 shares, the short-interest ratio is currently 0.0 days.

Bon Natural Life Trading Down 3.0%

Shares of NASDAQ BON opened at $1.94 on Thursday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.29 and a current ratio of 2.44. Bon Natural Life has a 12-month low of $1.14 and a 12-month high of $73.75. The company has a fifty day moving average of $1.78.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Bon Natural Life in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has a consensus rating of “Sell”.

About Bon Natural Life

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.