Natural Health Trends Corp. (NASDAQ:NHTC) Short Interest Down 44.8% in June

Natural Health Trends Corp. (NASDAQ:NHTC) saw a large decrease in short interest in the month of 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 daily trading volume, of 69,873 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.2% of the shares of the company are short sold.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Natural Health Trends in a research note on Thursday, June 18th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has a consensus rating of “Sell”.

Natural Health Trends Stock Performance

Natural Health Trends stock traded up $0.01 during midday trading on Friday, hitting $1.91. 17,603 shares of the company were exchanged, compared to its average volume of 34,219. The business has a fifty day simple moving average of $2.26 and a two-hundred day simple moving average of $2.89. The firm has a market capitalization of $16.34 million, a PE ratio of -17.32 and a beta of 0.92. Natural Health Trends has a fifty-two week low of $1.55 and a fifty-two week high of $5.10.

Natural Health Trends (NASDAQ:NHTC) last announced its quarterly earnings results on Wednesday, April 29th. The company reported ($0.02) earnings per share (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. Investors of record on Tuesday, May 12th were paid a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 21.0%. The ex-dividend date was Tuesday, May 12th. Natural Health Trends’s payout ratio is currently -363.64%.

Institutional Trading of Natural Health Trends

An institutional investor recently bought a new stake in Natural Health Trends stock. CIBC Bancorp USA Inc. acquired a new stake in Natural Health Trends Corp. (NASDAQ:NHTC) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 160,500 shares of the company’s stock, valued at approximately $718,000. CIBC Bancorp USA Inc. owned approximately 1.39% of Natural Health Trends as of its most recent filing with the Securities and Exchange Commission (SEC). 10.13% of the stock is owned by institutional investors and hedge funds.

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.