Short Interest in Natural Health Trends Corp. (NASDAQ:NHTC) Drops By 20.9%

Natural Health Trends Corp. (NASDAQ:NHTC) saw a large decrease in short interest in the month of September. As of September 30th, there was short interest totalling 9,100 shares, a decrease of 20.9% from the September 15th total of 11,500 shares. Based on an average daily trading volume, of 15,900 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.1% of the shares of the company are short sold.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on shares of Natural Health Trends in a report on Thursday. They issued a “buy” rating on the stock.

Institutional Trading of Natural Health Trends

Several institutional investors and hedge funds have recently bought and sold shares of the stock. PSI Advisors LLC purchased a new stake in Natural Health Trends in the 2nd quarter valued at about $29,000. 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 worth $139,000 after buying an additional 5,359 shares in the last quarter. Finally, Hartline Investment Corp acquired a new stake in shares of Natural Health Trends in the 1st quarter valued at $95,000. 10.13% of the stock is currently owned by hedge funds and other institutional investors.

Natural Health Trends Stock Down 0.5 %

Shares of NASDAQ NHTC traded down $0.03 during midday trading on Monday, reaching $5.67. 5,414 shares of the stock were exchanged, compared to its average volume of 19,878. The firm has a market cap of $65.30 million, a price-to-earnings ratio of 114.00 and a beta of 0.91. Natural Health Trends has a twelve month low of $5.25 and a twelve month high of $7.40. The firm has a 50-day simple moving average of $6.54 and a two-hundred day simple moving average of $6.78.

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

Natural Health Trends Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, August 23rd. Stockholders of record on Tuesday, August 13th were issued a dividend of $0.20 per share. The ex-dividend date was Tuesday, August 13th. This represents a $0.80 annualized dividend and a dividend yield of 14.11%. Natural Health Trends’s dividend payout ratio is presently 1,600.00%.

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.