Short Interest in Natural Health Trends Corp. (NASDAQ:NHTC) Decreases By 35.0%
by Scott Moore · The Cerbat GemNatural Health Trends Corp. (NASDAQ:NHTC – Get Free Report) was the target of a significant decrease in short interest during the month of December. As of December 31st, there was short interest totaling 34,971 shares, a decrease of 35.0% from the December 15th total of 53,809 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average daily trading volume, of 29,454 shares, the days-to-cover ratio is currently 1.2 days. Based on an average daily trading volume, of 29,454 shares, the days-to-cover ratio is currently 1.2 days. Approximately 0.3% of the company’s stock are sold short.
Analyst Ratings Changes
Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Natural Health Trends in a research note on Wednesday, December 24th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has an average rating of “Sell”.
View Our Latest Research Report on Natural Health Trends
Hedge Funds Weigh In On Natural Health Trends
Several hedge funds have recently made changes to their positions in NHTC. CIBC Bancorp USA Inc. purchased a new position in Natural Health Trends in the 3rd quarter worth $718,000. Bridgeway Capital Management LLC acquired a new position in shares of Natural Health Trends in the third quarter valued at about $101,000. Finally, Osaic Holdings Inc. raised its stake in shares of Natural Health Trends by 536,392.2% in the second quarter. Osaic Holdings Inc. now owns 413,099 shares of the company’s stock worth $1,789,000 after purchasing an additional 413,022 shares during the last quarter. 10.13% of the stock is owned by institutional investors and hedge funds.
Natural Health Trends Price Performance
Natural Health Trends stock traded down $0.11 during midday trading on Friday, reaching $3.64. The company’s stock had a trading volume of 35,310 shares, compared to its average volume of 33,805. The stock has a market capitalization of $41.90 million, a P/E ratio of -364.00 and a beta of 0.82. The stock’s 50-day simple moving average is $3.18 and its 200-day simple moving average is $4.01. Natural Health Trends has a 52-week low of $2.40 and a 52-week high of $6.00.
Natural Health Trends (NASDAQ:NHTC – Get Free Report) last posted its quarterly earnings data on Wednesday, November 5th. The company reported ($0.04) earnings per share (EPS) for the quarter. The company had revenue of $9.48 million for the quarter. Natural Health Trends had a negative net margin of 0.29% and a negative return on equity of 0.40%.
Natural Health Trends Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, November 28th. Stockholders of record on Tuesday, November 18th were paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 22.0%. The ex-dividend date was Tuesday, November 18th. Natural Health Trends’s payout ratio is presently -8,000.00%.
About Natural Health Trends
Natural Health Trends Corp. is a U.S.-based holding company that develops, markets and distributes a range of plant-based health supplements, nutritional products and personal care items. The company’s product portfolio spans weight management, skin care, men’s health, nutritional supplements and wellness solutions designed to support overall health and beauty. Natural Health Trends focuses on delivering scientifically formulated products through modern e-commerce channels and direct selling platforms.
Through its principal subsidiaries in the People’s Republic of China—including Shanghai NHTC Health Products Co, Ltd.
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