Home Cellular health Short-term stake in Nature’s Sunshine Products, Inc. (NASDAQ:NATR) increases 16.2%

Short-term stake in Nature’s Sunshine Products, Inc. (NASDAQ:NATR) increases 16.2%

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

A number of analysts have recently commented on NATR shares. DA Davidson raised its price target on Nature’s Sunshine products from $24.00 to $24.50 and gave the stock a “buy” rating in a Wednesday, March 9 research note. StockNews.com began covering Nature’s Sunshine products in a research note on Thursday, March 31. They issued a “Strong Buy” rating on the stock.

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

NATR opened at $16.18 on Thursday. Nature’s Sunshine Products has a one-year minimum of $13.85 and a one-year maximum of $20.90. The company has a debt 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:NATR – Get Rating) last released quarterly earnings data on Tuesday, March 8. The company reported EPS of $0.68 for the quarter. Nature’s Sunshine Products had a return on equity of 19.10% and a net margin of 6.50%. The company posted revenue of $117.94 million for the quarter.

About Nature’s Sunshine Products (Get a 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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