Bon Natural Life Limited (NASDAQ:BON) Short Interest Up 134.6% in December

Bon Natural Life Limited (NASDAQ:BON) was the recipient of a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 32,258 shares, a growth of 134.6% from the December 15th total of 13,749 shares. Based on an average daily trading volume, of 38,149 shares, the short-interest ratio is presently 0.8 days. Approximately 0.5% of the company’s shares are short sold. Approximately 0.5% of the company’s shares are short sold. Based on an average daily trading volume, of 38,149 shares, the short-interest ratio is presently 0.8 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Bon Natural Life in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Bon Natural Life presently has an average rating of “Sell”.

Bon Natural Life Trading Up 1.2%

Shares of NASDAQ:BON opened at $1.74 on Thursday. The business’s 50-day simple moving average is $1.75 and its 200 day simple moving average is $1.69. Bon Natural Life has a one year low of $1.14 and a one year high of $73.75.

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.