Natural Health Trends Corp. (NASDAQ:NHTC – Get Free Report) was the target of a large drop in short interest in the month of February. As of February 27th, there was short interest totaling 39,189 shares, a drop of 17.2% from the February 12th total of 47,318 shares. Approximately 0.5% of the company’s stock are short sold. Based on an average daily volume of 28,437 shares, the short-interest ratio is currently 1.4 days. Based on an average daily volume of 28,437 shares, the short-interest ratio is currently 1.4 days. Approximately 0.5% of the company’s stock are short sold.
Institutional Inflows and Outflows
Several large investors have recently modified their holdings of the company. Osaic Holdings Inc. lifted its position in Natural Health Trends by 536,392.2% during the second quarter. Osaic Holdings Inc. now owns 413,099 shares of the company’s stock valued at $1,789,000 after acquiring an additional 413,022 shares during the last quarter. CIBC Bancorp USA Inc. purchased a new position in Natural Health Trends in the third quarter worth $718,000. Finally, Bridgeway Capital Management LLC purchased a new position in Natural Health Trends in the third quarter worth $101,000. Institutional investors own 10.13% of the company’s stock.
Natural Health Trends Trading Down 4.2%
Shares of NHTC traded down $0.13 during trading hours on Monday, hitting $2.95. The company had a trading volume of 68,681 shares, compared to its average volume of 32,058. The company has a market capitalization of $25.31 million, a PE ratio of -36.87 and a beta of 0.84. Natural Health Trends has a one year low of $2.40 and a one year high of $6.00. The company’s fifty day moving average price is $3.48 and its two-hundred day moving average price is $3.70.
Natural Health Trends Cuts Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, February 27th. Stockholders of record on Tuesday, February 17th were issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 13.6%. The ex-dividend date was Tuesday, February 17th. Natural Health Trends’s dividend payout ratio (DPR) is currently -500.00%.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Natural Health Trends in a research report on Wednesday, December 24th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has a consensus rating of “Sell”.
Natural Health Trends Company Profile
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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