Short Interest in Natural Health Trends Corp. (NASDAQ:NHTC) Decreases By 44.8%

Natural Health Trends Corp. (NASDAQ:NHTC) was the recipient of a significant decrease in short interest in June. As of June 30th, there was short interest totaling 15,200 shares, a decrease of 44.8% from the June 15th total of 27,515 shares. Based on an average trading volume of 69,873 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.2% of the shares of the company are sold short.

Institutional Trading of Natural Health Trends

An institutional investor recently bought a new position in Natural Health Trends stock. Bridgeway Capital Management LLC purchased a new position in shares of Natural Health Trends Corp. (NASDAQ:NHTC) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 22,600 shares of the company’s stock, valued at approximately $101,000. Bridgeway Capital Management LLC owned approximately 0.20% of Natural Health Trends at the end of the most recent quarter. 10.13% of the stock is currently owned by institutional investors and hedge funds.

Natural Health Trends Stock Performance

NHTC opened at $1.79 on Wednesday. Natural Health Trends has a 52-week low of $1.55 and a 52-week high of $5.10. The firm has a market cap of $15.36 million, a P/E ratio of -16.27 and a beta of 0.92. The business’s fifty day moving average is $2.31 and its 200-day moving average is $2.91.

Natural Health Trends (NASDAQ:NHTC) last posted its quarterly earnings results on Wednesday, April 29th. The company reported ($0.02) EPS for the quarter. Natural Health Trends had a negative net margin of 3.03% and a negative return on equity of 4.88%. The company had revenue of $9.21 million during the quarter.

Natural Health Trends Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 22nd. Shareholders of record on Tuesday, May 12th were issued a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 22.3%. The ex-dividend date of this dividend was Tuesday, May 12th. Natural Health Trends’s dividend payout ratio (DPR) is currently -363.64%.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Natural Health Trends in a research report on Thursday, June 18th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has an average rating of “Sell”.

About Natural Health Trends

Natural Health Trends Corp. is a U.S.-based holding company that develops, markets and distributes a range of plant-based health supplements, nutritional products and personal care items. The company’s product portfolio spans weight management, skin care, men’s health, nutritional supplements and wellness solutions designed to support overall health and beauty. Natural Health Trends focuses on delivering scientifically formulated products through modern e-commerce channels and direct selling platforms.

Through its principal subsidiaries in the People’s Republic of China—including Shanghai NHTC Health Products Co, Ltd.