Short Interest in Natural Health Trends Corp. (NASDAQ:NHTC) Expands By 19.1%

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

Analysts Set New Price Targets

Separately, StockNews.com began coverage on Natural Health Trends in a research note on Monday. They issued a “buy” rating for the company.

Natural Health Trends Stock Down 2.2 %

Shares of NASDAQ:NHTC traded down $0.15 during trading on Tuesday, hitting $6.65. The stock had a trading volume of 20,764 shares, compared to its average volume of 19,818. The stock has a 50-day simple moving average of $6.93 and a two-hundred day simple moving average of $6.82. The stock has a market capitalization of $76.60 million, a price-to-earnings ratio of 133.02 and a beta of 0.91. Natural Health Trends has a 12-month low of $5.22 and a 12-month high of $7.40.

Natural Health Trends (NASDAQ:NHTC) last posted 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 company had revenue of $10.48 million during the quarter.

Natural Health Trends Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 23rd. Shareholders of record on Tuesday, August 13th were paid a dividend of $0.20 per share. 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 payout ratio is currently 1,600.00%.

Institutional Trading of Natural Health Trends

A number of hedge funds have recently modified their holdings of NHTC. PSI Advisors LLC acquired a new position in Natural Health Trends in the second quarter valued at approximately $29,000. Hartline Investment Corp acquired a new stake in Natural Health Trends in the 1st quarter valued at $95,000. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its position in Natural Health Trends by 37.6% during 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 during the period. Hedge funds and other institutional investors own 10.13% of the company’s stock.

Natural Health Trends Company Profile

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.