Short Interest in Natural Health Trends Corp. (NASDAQ:NHTC) Rises By 64.8%

Natural Health Trends Corp. (NASDAQ:NHTC) was the target of a significant growth in short interest in October. As of October 15th, there was short interest totalling 15,000 shares, a growth of 64.8% from the September 30th total of 9,100 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily volume of 16,300 shares, the days-to-cover ratio is currently 0.9 days.

Analysts Set New Price Targets

Separately, StockNews.com began coverage on shares of Natural Health Trends in a research note on Saturday. They set a “buy” rating on the stock.

Institutional Investors Weigh In On Natural Health Trends

A number of hedge funds have recently made changes to their positions in NHTC. PSI Advisors LLC acquired a new position in Natural Health Trends in the second quarter valued at about $29,000. Hartline Investment Corp acquired a new position in shares of Natural Health Trends in the 1st quarter worth approximately $95,000. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its position 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 worth $139,000 after acquiring an additional 5,359 shares during the last quarter. Institutional investors and hedge funds own 10.13% of the company’s stock.

Natural Health Trends Trading Up 0.4 %

NASDAQ NHTC opened at $5.95 on Tuesday. Natural Health Trends has a 1-year low of $5.25 and a 1-year high of $7.40. The stock’s 50 day moving average is $6.33 and its two-hundred day moving average is $6.71. The company has a market capitalization of $68.54 million, a price-to-earnings ratio of 66.11 and a beta of 0.91.

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

About Natural Health Trends

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.