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

Natural Health Trends Corp. (NASDAQ:NHTC) was the recipient of a significant decline in short interest during the month of August. As of August 31st, there was short interest totalling 8,100 shares, a decline of 37.7% from the August 15th total of 13,000 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 14,000 shares, the short-interest ratio is presently 0.6 days.

Analysts Set New Price Targets

Separately, TheStreet cut shares of Natural Health Trends from a “c” rating to a “d+” rating in a research report on Thursday, August 3rd.

Natural Health Trends Price Performance

Shares of NHTC opened at $5.24 on Friday. Natural Health Trends has a 1-year low of $3.27 and a 1-year high of $7.04. The stock has a market cap of $60.32 million, a PE ratio of 261.93 and a beta of 0.79. The firm has a fifty day moving average price of $5.46 and a 200 day moving average price of $5.41.

Natural Health Trends (NASDAQ:NHTC) last announced its earnings results on Wednesday, August 2nd. The company reported ($0.02) EPS for the quarter. Natural Health Trends had a net margin of 0.59% and a return on equity of 0.56%. The business had revenue of $10.51 million during the quarter.

Natural Health Trends Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, August 25th. Stockholders of record on Tuesday, August 15th were issued a $0.20 dividend. The ex-dividend date was Monday, August 14th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 15.28%. Natural Health Trends’s payout ratio is 4,002.00%.

Institutional Investors Weigh In On Natural Health Trends

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new stake in shares of Natural Health Trends in the second quarter valued at about $65,000. BlackRock Inc. raised its holdings in shares of Natural Health Trends by 3.1% in the second quarter. BlackRock Inc. now owns 116,455 shares of the company’s stock valued at $644,000 after buying an additional 3,510 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Natural Health Trends by 13.0% during the second quarter. Dimensional Fund Advisors LP now owns 50,733 shares of the company’s stock worth $278,000 after acquiring an additional 5,851 shares during the period. MBE Wealth Management LLC acquired a new position in shares of Natural Health Trends during the first quarter worth about $50,000. Finally, Citadel Advisors LLC acquired a new position in shares of Natural Health Trends during the third quarter worth about $47,000. 10.24% of the stock is 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, as well as vitamins and minerals; and herbal products comprising herbal supplements.