Natural Health Trends Corp. (NASDAQ:NHTC) Short Interest Down 27.4% in April

Natural Health Trends Corp. (NASDAQ:NHTC) was the recipient of a significant decrease in short interest in the month of April. As of April 15th, there was short interest totaling 24,626 shares, a decrease of 27.4% from the March 31st total of 33,917 shares. Based on an average daily volume of 17,289 shares, the days-to-cover ratio is currently 1.4 days. Approximately 0.3% of the company’s shares are sold short.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Natural Health Trends in a report on Monday, March 23rd. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has an average rating of “Sell”.

Natural Health Trends Price Performance

NHTC traded up $0.05 during trading hours on Friday, reaching $3.17. The company’s stock had a trading volume of 15,182 shares, compared to its average volume of 23,545. Natural Health Trends has a fifty-two week low of $2.40 and a fifty-two week high of $6.00. The stock has a market cap of $27.20 million, a PE ratio of -28.82 and a beta of 0.90. The business’s 50-day moving average is $2.97 and its 200-day moving average is $3.34.

Natural Health Trends (NASDAQ:NHTC) last released its quarterly earnings data 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 business had revenue of $9.21 million during the quarter.

Natural Health Trends Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, May 22nd. Shareholders of record on Tuesday, May 12th will be given a $0.10 dividend. The ex-dividend date of this dividend is Tuesday, May 12th. This represents a $0.40 dividend on an annualized basis and a yield of 12.6%. Natural Health Trends’s dividend payout ratio is presently -500.00%.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of NHTC. Bridgeway Capital Management LLC acquired a new position in Natural Health Trends in the third quarter valued at about $101,000. CIBC Bancorp USA Inc. acquired a new position in Natural Health Trends in the third quarter valued at about $718,000. Finally, Osaic Holdings Inc. lifted its position in Natural Health Trends by 536,392.2% in the second quarter. Osaic Holdings Inc. now owns 413,099 shares of the company’s stock valued at $1,789,000 after buying an additional 413,022 shares during the last quarter. Institutional investors and hedge funds own 10.13% of the company’s stock.

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.