Natural Health Trends Corp. (NASDAQ:NHTC) Short Interest Update

Natural Health Trends Corp. (NASDAQ:NHTC) was the target of a large growth in short interest in August. As of August 31st, there was short interest totalling 13,100 shares, a growth of 19.1% from the August 15th total of 11,000 shares. Based on an average trading volume of 14,000 shares, the short-interest ratio is currently 0.9 days. Currently, 0.2% of the shares of the stock are short sold.

Natural Health Trends Price Performance

Shares of NASDAQ NHTC traded up $0.07 during mid-day trading on Friday, hitting $6.86. 3,596 shares of the company’s stock traded hands, compared to its average volume of 19,885. Natural Health Trends has a 1 year low of $5.22 and a 1 year high of $7.40. The company’s 50-day moving average is $6.95 and its two-hundred day moving average is $6.82. The company has a market capitalization of $79.00 million, a P/E ratio of 137.18 and a beta of 0.91.

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

Natural Health Trends Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 23rd. Shareholders of record on Tuesday, August 13th were paid a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 11.67%. The ex-dividend date of this dividend was Tuesday, August 13th. Natural Health Trends’s payout ratio is currently 1,600.32%.

Institutional Trading of Natural Health Trends

Several institutional investors and hedge funds have recently made changes to their positions in the business. Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its holdings in 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 purchased a new position in shares of Natural Health Trends during the first quarter worth approximately $95,000. Finally, PSI Advisors LLC bought a new stake in shares of Natural Health Trends during the second quarter valued at approximately $29,000. 10.13% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Separately, StockNews.com initiated coverage on shares of Natural Health Trends in a research report on Sunday, September 8th. They issued a “buy” rating on the stock.

Natural Health Trends Company Profile

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.