Short Interest in Nature’s Sunshine Products, Inc. (NASDAQ:NATR) Increases By 16.2%

Nature’s Sunshine Products, Inc. (NASDAQ:NATRGet Rating) saw a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 166,500 shares, a growth of 16.2% from the March 31st total of 143,300 shares. Approximately 1.1% of the shares of the company are short sold. Based on an average trading volume of 55,300 shares, the days-to-cover ratio is currently 3.0 days.

A number of analysts have recently commented on NATR shares. DA Davidson boosted their price objective on Nature’s Sunshine Products from $24.00 to $24.50 and gave the stock a “buy” rating in a research note on Wednesday, March 9th. StockNews.com started coverage on Nature’s Sunshine Products in a research note on Thursday, March 31st. They issued a “strong-buy” rating on the stock.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Russell Investments Group Ltd. lifted its holdings in shares of Nature’s Sunshine Products by 10.5% during the first quarter. Russell Investments Group Ltd. now owns 8,441 shares of the company’s stock valued at $141,000 after purchasing an additional 800 shares during the last quarter. Cove Street Capital LLC lifted its holdings in shares of Nature’s Sunshine Products by 45.4% during the first quarter. Cove Street Capital LLC now owns 236,633 shares of the company’s stock valued at $3,980,000 after purchasing an additional 73,895 shares during the last quarter. Bailard Inc. lifted its holdings in shares of Nature’s Sunshine Products by 13.2% during the first quarter. Bailard Inc. now owns 15,400 shares of the company’s stock valued at $259,000 after purchasing an additional 1,800 shares during the last quarter. Denali Advisors LLC lifted its holdings in shares of Nature’s Sunshine Products by 34.9% during the first quarter. Denali Advisors LLC now owns 5,800 shares of the company’s stock valued at $98,000 after purchasing an additional 1,500 shares during the last quarter. Finally, SG Capital Management LLC purchased a new stake in shares of Nature’s Sunshine Products during the first quarter valued at $349,000. 73.84% of the stock is owned by institutional investors and hedge funds.

NATR opened at $16.18 on Thursday. Nature’s Sunshine Products has a one year low of $13.85 and a one year high of $20.90. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.35 and a current ratio of 2.15. The stock’s fifty day moving average is $17.09 and its 200-day moving average is $17.50. The company has a market capitalization of $314.70 million, a PE ratio of 11.31 and a beta of 0.79.

Nature’s Sunshine Products (NASDAQ:NATRGet Rating) last posted its quarterly earnings data on Tuesday, March 8th. The company reported $0.68 EPS for the quarter. Nature’s Sunshine Products had a return on equity of 19.10% and a net margin of 6.50%. The company had revenue of $117.94 million for the quarter.

About Nature’s Sunshine Products (Get Rating)

Nature's Sunshine Products, Inc, a natural health and wellness company, primarily 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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