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Investors are Betting Against USANA Health Sciences, Inc. (USNA), Should You? - Tale of the Tape
8/27/2013 7:19:00 AM
Many investors appear to be quite bearish on USANA Health Sciences, Inc. ( USNA ) , especially if you look at the percentage of the float that is sold short for this stock. Currently, 37.34% of the float is sold short, suggesting an extreme level of bearishness for USNA .
However, it is worth noting that earnings estimates have actually been moving higher for the company, despite the pessimism. Thanks to these rising estimates, we actually have a Zacks Rank #2(Buy) on USNA, so we clearly don't believe in the negativity surrounding this firm, and are instead looking for shares of USNA to move higher in the weeks ahead.
USANA HLTH SCI (USNA): Free Stock Analysis Report
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