Short Interest in Natural Health Trends Corp. (NASDAQ:NHTC) Expands By 56.1%

Natural Health Trends Corp. (NASDAQ:NHTC) was the target of a significant increase in short interest in the month of March. As of March 31st, there was short interest totalling 46,200 shares, an increase of 56.1% from the March 15th total of 29,600 shares. Based on an average daily volume of 18,900 shares, the days-to-cover ratio is presently 2.4 days. Approximately 0.6% of the company’s stock are sold short.

Institutional Investors Weigh In On Natural Health Trends

Large investors have recently bought and sold shares of the stock. Millennium Management LLC raised its holdings in Natural Health Trends by 51.4% in the 4th quarter. Millennium Management LLC now owns 16,108 shares of the company’s stock valued at $74,000 after acquiring an additional 5,467 shares during the last quarter. Dimensional Fund Advisors LP increased its position in Natural Health Trends by 5.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 43,760 shares of the company’s stock worth $202,000 after purchasing an additional 2,274 shares during the last quarter. SBI Securities Co. Ltd. acquired a new position in Natural Health Trends in the fourth quarter valued at $40,000. Finally, Geode Capital Management LLC increased its stake in Natural Health Trends by 6.9% during the third quarter. Geode Capital Management LLC now owns 86,590 shares of the company’s stock worth $515,000 after acquiring an additional 5,624 shares during the last quarter. Institutional investors and hedge funds own 10.13% of the company’s stock.

Natural Health Trends Stock Down 0.8 %

NHTC stock traded down $0.04 during trading on Thursday, hitting $4.89. The company had a trading volume of 2,735 shares, compared to its average volume of 19,364. Natural Health Trends has a 1-year low of $4.02 and a 1-year high of $7.40. The firm has a 50-day moving average price of $5.02 and a 200-day moving average price of $5.17. The firm has a market cap of $56.30 million, a PE ratio of 81.51 and a beta of 0.97.

Natural Health Trends (NASDAQ:NHTC) last posted its quarterly earnings results on Wednesday, February 5th. The company reported $0.02 earnings per share (EPS) for the quarter. Natural Health Trends had a net margin of 1.33% and a return on equity of 1.53%.

Natural Health Trends Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Tuesday, February 18th were issued a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 16.36%. The ex-dividend date was Tuesday, February 18th. Natural Health Trends’s dividend payout ratio (DPR) is presently 1,333.33%.

Analyst Ratings Changes

Separately, StockNews.com began coverage on shares of Natural Health Trends in a report on Saturday, April 12th. They issued a “buy” rating on the 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.