Natural Health Trends Corp. (NASDAQ:NHTC) Sees Significant Drop in Short Interest

Natural Health Trends Corp. (NASDAQ:NHTC) was the recipient of a large decline in short interest in June. As of June 30th, there was short interest totaling 15,200 shares, a decline of 44.8% from the June 15th total of 27,515 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 69,873 shares, the short-interest ratio is presently 0.2 days.

Natural Health Trends Price Performance

NHTC remained flat at $1.90 during trading on Thursday. The company’s stock had a trading volume of 21,736 shares, compared to its average volume of 34,344. The firm’s 50 day simple moving average is $2.29 and its 200 day simple moving average is $2.90. The company has a market capitalization of $16.30 million, a P/E ratio of -17.27 and a beta of 0.92. Natural Health Trends has a twelve month low of $1.55 and a twelve month high of $5.10.

Natural Health Trends (NASDAQ:NHTC) last announced its earnings results on Wednesday, April 29th. The company reported ($0.02) EPS for the quarter. The business had revenue of $9.21 million for the quarter. Natural Health Trends had a negative net margin of 3.03% and a negative return on equity of 4.88%.

Natural Health Trends Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 22nd. Shareholders of record on Tuesday, May 12th were issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 21.1%. The ex-dividend date was Tuesday, May 12th. Natural Health Trends’s dividend payout ratio is -363.64%.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Natural Health Trends in a research note on Thursday, June 18th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Natural Health Trends currently has a consensus rating of “Sell”.

Hedge Funds Weigh In On Natural Health Trends

An institutional investor recently bought a new position in Natural Health Trends stock. Bridgeway Capital Management LLC purchased a new position in Natural Health Trends Corp. (NASDAQ:NHTC) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 22,600 shares of the company’s stock, valued at approximately $101,000. Bridgeway Capital Management LLC owned approximately 0.20% of Natural Health Trends as of its most recent SEC filing. Institutional investors and hedge funds own 10.13% of the company’s stock.

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.