Short Interest in Nature’s Sunshine Products, Inc. (NASDAQ:NATR) Declines By 19.2%

Nature’s Sunshine Products, Inc. (NASDAQ:NATR) was the target of a large drop in short interest in the month of March. As of March 31st, there was short interest totalling 59,800 shares, a drop of 19.2% from the March 15th total of 74,000 shares. Based on an average daily trading volume, of 37,000 shares, the short-interest ratio is presently 1.6 days. Currently, 0.4% of the company’s shares are sold short.

Hedge Funds Weigh In On Nature’s Sunshine Products

A number of hedge funds have recently bought and sold shares of the company. Franklin Resources Inc. boosted its holdings in shares of Nature’s Sunshine Products by 4.3% during the 3rd quarter. Franklin Resources Inc. now owns 20,744 shares of the company’s stock worth $270,000 after buying an additional 856 shares in the last quarter. Wells Fargo & Company MN raised its stake in Nature’s Sunshine Products by 28.8% during the 4th quarter. Wells Fargo & Company MN now owns 7,209 shares of the company’s stock worth $106,000 after buying an additional 1,611 shares during the period. Barclays PLC lifted its holdings in shares of Nature’s Sunshine Products by 5.9% in the 4th quarter. Barclays PLC now owns 37,693 shares of the company’s stock worth $552,000 after purchasing an additional 2,091 shares in the last quarter. GAMMA Investing LLC grew its position in Nature’s Sunshine Products by 2,090.2% in the 1st quarter. GAMMA Investing LLC now owns 2,234 shares of the company’s stock valued at $28,000 after purchasing an additional 2,132 shares during the period. Finally, Russell Investments Group Ltd. bought a new stake in Nature’s Sunshine Products during the 4th quarter valued at $41,000. Institutional investors own 79.40% of the company’s stock.

Wall Street Analyst Weigh In

Separately, DA Davidson upgraded shares of Nature’s Sunshine Products to a “strong-buy” rating in a report on Monday, April 14th.

Nature’s Sunshine Products Trading Down 0.5 %

NATR stock traded down $0.06 during trading on Friday, hitting $11.82. The company had a trading volume of 41,411 shares, compared to its average volume of 48,439. The stock has a market cap of $218.48 million, a PE ratio of 13.43 and a beta of 1.06. The business has a 50-day moving average of $13.17 and a 200-day moving average of $14.13. Nature’s Sunshine Products has a one year low of $10.81 and a one year high of $19.92.

Nature’s Sunshine Products Company Profile

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.