Short Interest in Nature's Sunshine Products, Inc. (NASDAQ:NATR) Declines By 19.5%

Nature's Sunshine Products, Inc. (NASDAQ:NATR - Get Free Report) saw a significant drop in short interest in the month of April. As of April 30th, there was short interest totalling 73,700 shares, a drop of 19.5% from the April 15th total of 91,600 shares. Based on an average daily volume of 57,000 shares, the short-interest ratio is currently 1.3 days. Approximately 0.5% of the company's stock are short sold.

Nature's Sunshine Products Stock Down 5.8 %

NASDAQ NATR traded down $0.96 during mid-day trading on Monday, reaching $15.51. 209,269 shares of the company's stock traded hands, compared to its average volume of 54,689. The company has a current ratio of 2.33, a quick ratio of 1.42 and a debt-to-equity ratio of 0.01. Nature's Sunshine Products has a 1-year low of $10.06 and a 1-year high of $21.72. The company has a fifty day simple moving average of $19.07 and a 200-day simple moving average of $18.07. The company has a market cap of $290.50 million, a price-to-earnings ratio of 18.25 and a beta of 0.85.

Nature's Sunshine Products (NASDAQ:NATR - Get Free Report) last issued its quarterly earnings results on Tuesday, March 12th. The company reported $0.45 earnings per share (EPS) for the quarter. Nature's Sunshine Products had a net margin of 3.69% and a return on equity of 10.59%. The business had revenue of $108.94 million during the quarter.

Analyst Ratings Changes

Separately, DA Davidson lifted their price target on shares of Nature's Sunshine Products from $21.50 to $24.00 and gave the stock a "buy" rating in a research note on Wednesday, March 13th.

Hedge Funds Weigh In On Nature's Sunshine Products

Large investors have recently modified their holdings of the stock. Tower Research Capital LLC TRC raised its stake in Nature's Sunshine Products by 376.5% during the fourth quarter. Tower Research Capital LLC TRC now owns 4,231 shares of the company's stock valued at $73,000 after buying an additional 3,343 shares in the last quarter. New York State Common Retirement Fund boosted its holdings in Nature's Sunshine Products by 1,027.7% in the third quarter. New York State Common Retirement Fund now owns 6,834 shares of the company's stock worth $113,000 after purchasing an additional 6,228 shares during the period. SG Americas Securities LLC acquired a new position in Nature's Sunshine Products in the fourth quarter worth $125,000. Allspring Global Investments Holdings LLC bought a new stake in Nature's Sunshine Products during the fourth quarter valued at $139,000. Finally, Williams & Novak LLC acquired a new stake in shares of Nature's Sunshine Products during the fourth quarter worth $201,000. Institutional investors own 79.40% of the company's stock.

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.

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