Short Interest in Natural Health Trends Corp. (NASDAQ:NHTC) Decreases By 20.9%

by · The Cerbat Gem

Natural Health Trends Corp. (NASDAQ:NHTC – Get Free Report) saw a significant drop in short interest during the month of September. As of September 30th, there was short interest totalling 9,100 shares, a drop of 20.9% from the September 15th total of 11,500 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 15,900 shares, the days-to-cover ratio is currently 0.6 days.

Analyst Upgrades and Downgrades

Separately, StockNews.com assumed coverage on Natural Health Trends in a research report on Thursday, October 10th. They set a “buy” rating for the company.

Read Our Latest Stock Analysis on Natural Health Trends

Natural Health Trends Stock Performance

NHTC stock traded up $0.06 during mid-day trading on Tuesday, hitting $5.73. The company had a trading volume of 10,377 shares, compared to its average volume of 19,831. The firm has a market cap of $65.99 million, a PE ratio of 114.60 and a beta of 0.91. Natural Health Trends has a 12 month low of $5.25 and a 12 month high of $7.40. The stock’s fifty day moving average price is $6.51 and its two-hundred day moving average price is $6.77.

Natural Health Trends (NASDAQ:NHTC – Get Free Report) last posted its quarterly earnings results on Wednesday, July 31st. The company reported $0.02 EPS for the quarter. Natural Health Trends had a net margin of 2.07% and a return on equity of 2.21%. The company had revenue of $10.48 million for the quarter.

Natural Health Trends Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, August 23rd. Stockholders of record on Tuesday, August 13th were given a dividend of $0.20 per share. The ex-dividend date of this dividend was Tuesday, August 13th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 13.96%. Natural Health Trends’s dividend payout ratio is presently 1,600.00%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its stake in shares of Natural Health Trends by 37.6% during the 2nd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 19,600 shares of the company’s stock valued at $139,000 after buying an additional 5,359 shares in the last quarter. Hartline Investment Corp bought a new stake in Natural Health Trends during the 1st quarter valued at $95,000. Finally, PSI Advisors LLC purchased a new stake in shares of Natural Health Trends during the second quarter worth $29,000. Institutional investors own 10.13% of the company’s stock.

Natural Health Trends Company Profile

(Get Free Report)

Natural Health Trends Corp., a direct-selling and e-commerce company, provides personal care, wellness, and lifestyle products under the NHT Global brand. The company offers wellness products, including liquid, encapsulated, tableted and powder dietary and nutritional supplements, vitamins, and minerals; and herbal products comprising herbal supplements.

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