Short Interest in Natural Health Trends Corp. (NASDAQ:NHTC) Grows By 61.5%

Natural Health Trends Corp. (NASDAQ:NHTC) was the recipient of a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 24,555 shares, an increase of 61.5% from the June 30th total of 15,200 shares. Based on an average trading volume of 31,291 shares, the short-interest ratio is presently 0.8 days. Approximately 0.3% of the company’s shares are short sold.

Natural Health Trends Stock Up 1.8%

Natural Health Trends stock opened at $1.71 on Friday. Natural Health Trends has a 52-week low of $1.55 and a 52-week high of $5.10. The firm has a fifty day moving average of $2.02 and a 200-day moving average of $2.78. The firm has a market capitalization of $14.67 million, a P/E ratio of -10.69 and a beta of 0.92.

Natural Health Trends (NASDAQ:NHTC) last posted its earnings results on Wednesday, July 29th. The company reported ($0.05) earnings per share 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.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Natural Health Trends in a report on Thursday, June 18th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Sell”.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Natural Health Trends stock. Bridgeway Capital Management LLC bought a new stake in Natural Health Trends Corp. (NASDAQ:NHTC) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 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 as of its most recent filing with the Securities & Exchange Commission. 10.13% of the stock is currently owned by institutional investors.

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.