Bon Natural Life Limited (NASDAQ:BON) Short Interest Up 204.5% in September

Bon Natural Life Limited (NASDAQ:BON) was the recipient of a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 74,900 shares, a growth of 204.5% from the August 31st total of 24,600 shares. Based on an average daily volume of 1,450,000 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 1,450,000 shares, the days-to-cover ratio is presently 0.1 days.

Bon Natural Life Price Performance

Bon Natural Life stock opened at $2.00 on Friday. The stock’s 50-day moving average is $1.58. Bon Natural Life has a 1 year low of $1.14 and a 1 year high of $73.75.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Wall Street Zen lowered Bon Natural Life from a “hold” rating to a “sell” rating in a research report on Friday, June 6th. Weiss Ratings restated a “sell (e+)” rating on shares of Bon Natural Life in a research report on Saturday, September 27th. One research analyst has rated the stock with a Sell rating, Based on data from 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.