Natural Health Trends Corp. (NASDAQ:NHTC) Sees Large Decline in Short Interest

Natural Health Trends Corp. (NASDAQ:NHTC) saw a large decline in short interest in the month of May. As of May 31st, there was short interest totalling 17,900 shares, a decline of 26.6% from the May 15th total of 24,400 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 20,500 shares, the days-to-cover ratio is currently 0.9 days.

Natural Health Trends Trading Up 0.9 %

NASDAQ:NHTC traded up $0.06 during trading hours on Friday, hitting $6.89. 12,003 shares of the stock traded hands, compared to its average volume of 17,560. The firm has a 50 day moving average price of $6.84 and a 200 day moving average price of $6.37. Natural Health Trends has a fifty-two week low of $4.90 and a fifty-two week high of $7.40. The firm has a market cap of $79.37 million, a price-to-earnings ratio of 137.83 and a beta of 0.82.

Natural Health Trends (NASDAQ:NHTC) last announced its earnings results on Wednesday, May 1st. The company reported $0.02 earnings per share (EPS) for the quarter. Natural Health Trends had a net margin of 1.16% and a return on equity of 1.18%. The company had revenue of $10.95 million for the quarter.

Natural Health Trends Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 24th. Stockholders of record on Tuesday, May 14th were issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 11.61%. The ex-dividend date of this dividend was Monday, May 13th. Natural Health Trends’s dividend payout ratio is currently 1,600.32%.

Analysts Set New Price Targets

Separately, StockNews.com raised shares of Natural Health Trends from a “hold” rating to a “buy” rating in a research note on Monday, May 13th.

Hedge Funds Weigh In On Natural Health Trends

An institutional investor recently bought a new position in Natural Health Trends stock. Hartline Investment Corp purchased a new stake in shares of Natural Health Trends Corp. (NASDAQ:NHTC) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 14,241 shares of the company’s stock, valued at approximately $95,000. Hartline Investment Corp owned approximately 0.12% of Natural Health Trends as of its most recent SEC filing. Institutional investors and hedge funds 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.