USANA Health Sciences
USNA
Usana Health Sciences, Inc., or USANA, is a Utah-based multi-level marketing company that produces various nutritional products, dietary supplements and skincare products. Usana products, most of which are manufactured at the company's West Valley City facility, are sold in 24 countries via a network of independent distributors (referred to as "associates"). Most of Usana's independent distributors make less money than the cost of the initial qualifying purchase.In 2015 Usana was the 24th largest multi-level marketing company in the world by revenue. The company has been subject to criticism from the Securities and Exchange Commission (SEC) and other government agencies for its multilevel marketing practices. It has faced class action lawsuits on behalf of low-level distributors and litigation from Barry Minkow, some of which have been settled out of court.
USANA Health Sciences has been a target of short sellers for a while. The current short interest of 3.49% is roughly at the average of the last 12 months (3.17%).
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