Short Interest in Natural Health Trends Corp. (NASDAQ:NHTC) Decreases By 25.9%

Natural Health Trends Corp. (NASDAQ:NHTC) saw a significant decline in short interest in the month of February. As of February 28th, there was short interest totalling 30,900 shares, a decline of 25.9% from the February 13th total of 41,700 shares. Based on an average daily trading volume, of 23,800 shares, the days-to-cover ratio is currently 1.3 days. Currently, 0.4% of the company’s shares are sold short.

Institutional Trading of Natural Health Trends

Institutional investors have recently added to or reduced their stakes in the stock. Geode Capital Management LLC raised its holdings in shares of Natural Health Trends by 6.9% during the third quarter. Geode Capital Management LLC now owns 86,590 shares of the company’s stock worth $515,000 after purchasing an additional 5,624 shares during the period. SBI Securities Co. Ltd. acquired a new stake in shares of Natural Health Trends during the fourth quarter worth $40,000. Dimensional Fund Advisors LP raised its holdings in shares of Natural Health Trends by 5.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 43,760 shares of the company’s stock worth $202,000 after purchasing an additional 2,274 shares during the period. Finally, Millennium Management LLC raised its holdings in shares of Natural Health Trends by 51.4% during the fourth quarter. Millennium Management LLC now owns 16,108 shares of the company’s stock worth $74,000 after purchasing an additional 5,467 shares during the period. 10.13% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, StockNews.com assumed coverage on shares of Natural Health Trends in a research report on Tuesday, March 11th. They set a “buy” rating on the stock.

Natural Health Trends Price Performance

NHTC traded up $0.08 during trading on Monday, hitting $5.17. The company had a trading volume of 12,003 shares, compared to its average volume of 19,672. The company has a market cap of $59.52 million, a PE ratio of 86.18 and a beta of 0.97. The business has a 50-day moving average of $4.96 and a 200-day moving average of $5.42. Natural Health Trends has a 1-year low of $4.02 and a 1-year high of $7.40.

Natural Health Trends (NASDAQ:NHTC) last posted its quarterly earnings results on Wednesday, February 5th. The company reported $0.02 earnings per share (EPS) for the quarter. Natural Health Trends had a net margin of 1.33% and a return on equity of 1.53%.

Natural Health Trends Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Tuesday, February 18th were issued a $0.20 dividend. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $0.80 annualized dividend and a yield of 15.47%. Natural Health Trends’s dividend payout ratio is presently 1,333.33%.

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.