Natural Health Trends Corp. (NASDAQ:NHTC) Shares Shorted: Short Interest Down 62.6% in September

Natural Health Trends Corp. (NASDAQ:NHTC) was the recipient of a large decrease in short interest in September. As of September 30th, there was short interest totaling 11,978 shares, a decrease of 62.6% from the September 15th total of 32,043 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average trading volume of 134,605 shares, the short-interest ratio is presently 0.1 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Natural Health Trends in a research report on Monday, September 14th. One investment analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, Natural Health Trends presently has a consensus rating of “Sell”.

Natural Health Trends Price Performance

Natural Health Trends stock traded down $0.02 during mid-day trading on Tuesday, reaching $0.96. The stock had a trading volume of 43,777 shares, compared to its average volume of 42,643. The company has a market capitalization of $8.24 million, a price-to-earnings ratio of -6.00 and a beta of 1.03. The company has a 50-day moving average price of $1.45 and a two-hundred day moving average price of $2.07. Natural Health Trends has a one year low of $0.89 and a one year high of $4.68.

Natural Health Trends (NASDAQ:NHTC) last announced its earnings results on Wednesday, July 29th. The company reported ($0.05) EPS for the quarter. Natural Health Trends had a negative net margin of 4.51% and a negative return on equity of 8.00%. The business had revenue of $7.60 million for the quarter.

Institutional Trading of Natural Health Trends

An institutional investor recently bought a new stake in Natural Health Trends stock. BlackRock Inc. acquired a new stake in shares of Natural Health Trends Corp. (NASDAQ:NHTC) during the second quarter, according to its most recent disclosure with the SEC. The fund acquired 95,588 shares of the company’s stock, valued at approximately $169,000. BlackRock Inc. owned approximately 1.11% of Natural Health Trends as of its most recent SEC filing. 10.13% of the stock is owned by hedge funds and other institutional investors.

About Natural Health Trends

Natural Health Trends Corp. (NASDAQ: NHTC) is a direct-selling company that markets health, wellness, personal-care and lifestyle products through its NHT Global business. Its product portfolio has included nutritional supplements, skincare products, personal-care items and other consumer goods.

The company distributes its products through a network of independent distributors, who promote and sell products directly to consumers. This business model also provides distributors with opportunities to earn compensation based on product sales and the development of customer and distributor networks.

Natural Health Trends has historically focused much of its operations in Asia, including Hong Kong, China, Taiwan, Japan and South Korea, while also serving customers in North America, Europe and other international markets.