Natural Health Trends Corp. (NASDAQ:NHTC) Short Interest Update

Natural Health Trends Corp. (NASDAQ:NHTC) was the recipient of a significant increase in short interest during the month of August. As of August 31st, there was short interest totalling 13,100 shares, an increase of 19.1% from the August 15th total of 11,000 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily volume of 14,000 shares, the short-interest ratio is currently 0.9 days.

Analyst Upgrades and Downgrades

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

Natural Health Trends Stock Down 2.2 %

NASDAQ:NHTC traded down $0.15 during mid-day trading on Tuesday, reaching $6.65. The company’s stock had a trading volume of 20,764 shares, compared to its average volume of 19,818. Natural Health Trends has a 1 year low of $5.22 and a 1 year high of $7.40. The stock has a fifty day moving average of $6.93 and a 200-day moving average of $6.82. The firm has a market capitalization of $76.60 million, a PE ratio of 133.02 and a beta of 0.91.

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

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 $0.20 dividend. The ex-dividend date of this dividend was Tuesday, August 13th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 12.03%. Natural Health Trends’s dividend payout ratio is presently 1,600.00%.

Institutional Investors Weigh In On Natural Health Trends

A number of hedge funds have recently made changes to their positions in the stock. PSI Advisors LLC purchased a new position in Natural Health Trends in the second quarter worth $29,000. Hartline Investment Corp purchased a new stake in Natural Health Trends in the first quarter valued at about $95,000. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its holdings in Natural Health Trends by 37.6% in the second 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 in the last quarter. 10.13% of the stock is currently owned by hedge funds and other institutional investors.

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.