Natural Health Trends Corp. (NASDAQ:NHTC) Short Interest Up 61.5% in July

Natural Health Trends Corp. (NASDAQ:NHTC) saw 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. Approximately 0.3% of the shares of the company are short sold. Based on an average daily trading volume, of 31,291 shares, the days-to-cover ratio is currently 0.8 days.

Analyst Ratings Changes

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

Hedge Funds Weigh In On Natural Health Trends

A hedge fund recently bought a new position in Natural Health Trends stock. CIBC Bancorp USA Inc. bought a new stake in Natural Health Trends Corp. (NASDAQ:NHTC) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 160,500 shares of the company’s stock, valued at approximately $718,000. CIBC Bancorp USA Inc. owned 1.39% 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.

Natural Health Trends Trading Up 1.8%

Shares of NHTC opened at $1.71 on Friday. The firm has a market cap of $14.67 million, a P/E ratio of -10.69 and a beta of 0.92. Natural Health Trends has a 12 month low of $1.55 and a 12 month high of $5.10. The stock’s 50 day moving average is $2.02 and its two-hundred day moving average is $2.78.

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

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.