Nature’s Sunshine Products, Inc. (NASDAQ:NATR) Sees Significant Growth in Short Interest

Nature’s Sunshine Products, Inc. (NASDAQ:NATRGet Free Report) was the target of a significant growth in short interest during the month of May. As of May 15th, there was short interest totalling 96,500 shares, a growth of 30.9% from the April 30th total of 73,700 shares. Approximately 0.7% of the shares of the company are sold short. Based on an average daily trading volume, of 63,000 shares, the short-interest ratio is presently 1.5 days.

Nature’s Sunshine Products Price Performance

Nature’s Sunshine Products stock opened at $15.16 on Friday. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.33 and a quick ratio of 1.42. The business has a 50 day simple moving average of $18.30 and a 200-day simple moving average of $17.89. Nature’s Sunshine Products has a 12 month low of $10.82 and a 12 month high of $21.72. The stock has a market capitalization of $283.95 million, a PE ratio of 17.84 and a beta of 0.85.

Nature’s Sunshine Products (NASDAQ:NATRGet Free Report) last announced its quarterly earnings data on Tuesday, May 7th. The company reported $0.12 EPS for the quarter. Nature’s Sunshine Products had a net margin of 3.69% and a return on equity of 10.59%. The company had revenue of $110.99 million during the quarter.

Analyst Upgrades and Downgrades

Separately, DA Davidson boosted their price target on Nature’s Sunshine Products from $21.50 to $24.00 and gave the company a “buy” rating in a research report on Wednesday, March 13th.

View Our Latest Analysis on NATR

Institutional Investors Weigh In On Nature’s Sunshine Products

A number of hedge funds have recently added to or reduced their stakes in NATR. Wasatch Advisors LP acquired a new position in Nature’s Sunshine Products during the 4th quarter worth approximately $7,430,000. Hillsdale Investment Management Inc. grew its holdings in Nature’s Sunshine Products by 50.3% during the fourth quarter. Hillsdale Investment Management Inc. now owns 198,730 shares of the company’s stock worth $3,436,000 after acquiring an additional 66,500 shares during the period. Exchange Traded Concepts LLC purchased a new position in Nature’s Sunshine Products in the fourth quarter worth $410,000. O Shaughnessy Asset Management LLC lifted its holdings in Nature’s Sunshine Products by 40.5% in the third quarter. O Shaughnessy Asset Management LLC now owns 49,358 shares of the company’s stock valued at $818,000 after acquiring an additional 14,222 shares during the period. Finally, Trexquant Investment LP acquired a new position in shares of Nature’s Sunshine Products during the 4th quarter worth $217,000. Institutional investors and hedge funds own 79.40% of the company’s stock.

Nature’s Sunshine Products Company Profile

(Get Free Report)

Nature's Sunshine Products, Inc, a natural health and wellness company, manufactures and sells nutritional and personal care products in Asia, Europe, North America, Latin America, and internationally. It offers general health products related to blood sugar support, bone health, cellular health, cognitive function, joint health, mood, sexual health, sleep, sports and energy, and vision.

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