Nature’s Sunshine Products, Inc. (NASDAQ:NATR) Short Interest Update

Nature’s Sunshine Products, Inc. (NASDAQ:NATR) was the target of a large increase in short interest in January. As of January 30th, there was short interest totaling 194,850 shares, an increase of 21.7% from the January 15th total of 160,148 shares. Currently, 1.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 120,691 shares, the days-to-cover ratio is currently 1.6 days. Based on an average daily trading volume, of 120,691 shares, the days-to-cover ratio is currently 1.6 days. Currently, 1.2% of the shares of the stock are sold short.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. DA Davidson upped their target price on shares of Nature’s Sunshine Products from $21.00 to $23.00 and gave the stock a “buy” rating in a research note on Monday, November 10th. Weiss Ratings restated a “hold (c+)” rating on shares of Nature’s Sunshine Products in a report on Monday, December 29th. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $22.50.

Nature’s Sunshine Products Stock Down 1.0%

Shares of Nature’s Sunshine Products stock opened at $26.41 on Thursday. Nature’s Sunshine Products has a 12-month low of $11.01 and a 12-month high of $27.46. The company has a market capitalization of $462.18 million, a price-to-earnings ratio of 32.60 and a beta of 0.95. The firm’s 50-day moving average price is $23.64 and its two-hundred day moving average price is $19.28.

Insider Transactions at Nature’s Sunshine Products

In other Nature’s Sunshine Products news, EVP Bryant J. Yates sold 1,700 shares of the business’s stock in a transaction on Friday, December 12th. The stock was sold at an average price of $22.29, for a total value of $37,893.00. Following the transaction, the executive vice president owned 98,604 shares of the company’s stock, valued at approximately $2,197,883.16. The trade was a 1.69% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 4.70% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Nature’s Sunshine Products

Several institutional investors and hedge funds have recently added to or reduced their stakes in NATR. XTX Topco Ltd increased its stake in shares of Nature’s Sunshine Products by 12.6% in the 4th quarter. XTX Topco Ltd now owns 13,861 shares of the company’s stock valued at $299,000 after purchasing an additional 1,546 shares during the last quarter. Verdad Advisers LP bought a new position in Nature’s Sunshine Products in the fourth quarter valued at about $242,000. Man Group plc raised its stake in Nature’s Sunshine Products by 13.3% during the fourth quarter. Man Group plc now owns 20,601 shares of the company’s stock worth $445,000 after acquiring an additional 2,425 shares in the last quarter. Bridgeway Capital Management LLC bought a new position in shares of Nature’s Sunshine Products in the fourth quarter worth about $508,000. Finally, Lazard Asset Management LLC lifted its holdings in shares of Nature’s Sunshine Products by 56.1% in the fourth quarter. Lazard Asset Management LLC now owns 89,734 shares of the company’s stock worth $1,936,000 after acquiring an additional 32,256 shares during the last quarter. 79.40% of the stock is currently owned by institutional investors.

Nature’s Sunshine Products Company Profile

Nature’s Sunshine Products, Inc is a global manufacturer and direct seller of nutritional supplements, herbal remedies, and personal care products. The company’s core business centers on research, development and distribution of vitamins, minerals, botanicals and essential oil-based formulations designed to support overall health and wellness. Operating under a network-marketing model, Nature’s Sunshine works through a network of independent distributors who promote and sell its product line directly to consumers.

The company’s product portfolio spans dietary supplements such as single-ingredient vitamins, proprietary herbal blends, sports nutrition formulas and weight-management solutions, along with skin and hair care items based on botanical extracts and essential oils.