Natural Health Trends Corp. (NASDAQ:NHTC) Sees Significant Decrease in Short Interest

Natural Health Trends Corp. (NASDAQ:NHTC) saw a significant drop in short interest during the month of August. As of August 31st, there was short interest totalling 8,100 shares, a drop of 37.7% from the August 15th total of 13,000 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 14,000 shares, the days-to-cover ratio is currently 0.6 days.

Hedge Funds Weigh In On Natural Health Trends

Several large investors have recently added to or reduced their stakes in the company. BlackRock Inc. raised its holdings in Natural Health Trends by 3.1% during the second quarter. BlackRock Inc. now owns 116,455 shares of the company’s stock valued at $644,000 after acquiring an additional 3,510 shares during the period. Acadian Asset Management LLC raised its stake in Natural Health Trends by 17.3% during the 1st quarter. Acadian Asset Management LLC now owns 57,813 shares of the company’s stock valued at $408,000 after purchasing an additional 8,529 shares during the period. Dimensional Fund Advisors LP lifted its holdings in Natural Health Trends by 13.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 50,733 shares of the company’s stock worth $278,000 after purchasing an additional 5,851 shares in the last quarter. State Street Corp boosted its stake in Natural Health Trends by 14.1% in the 1st quarter. State Street Corp now owns 29,014 shares of the company’s stock worth $205,000 after purchasing an additional 3,592 shares during the period. Finally, Citadel Advisors LLC bought a new position in Natural Health Trends in the 3rd quarter worth approximately $47,000. Hedge funds and other institutional investors own 10.24% of the company’s stock.

Natural Health Trends Trading Up 3.1 %

NHTC opened at $5.40 on Friday. The company has a market capitalization of $62.21 million, a PE ratio of 270.14 and a beta of 0.79. Natural Health Trends has a 1-year low of $3.27 and a 1-year high of $7.04. The firm’s 50 day simple moving average is $5.47 and its two-hundred day simple moving average is $5.41.

Natural Health Trends (NASDAQ:NHTC) last released its quarterly earnings results on Wednesday, August 2nd. The company reported ($0.02) earnings per share (EPS) for the quarter. Natural Health Trends had a net margin of 0.59% and a return on equity of 0.56%. The company had revenue of $10.51 million for the quarter.

Natural Health Trends Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, August 25th. Shareholders of record on Tuesday, August 15th were paid a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 14.81%. The ex-dividend date was Monday, August 14th. Natural Health Trends’s payout ratio is 4,002.00%.

Analyst Upgrades and Downgrades

Separately, TheStreet cut shares of Natural Health Trends from a “c” rating to a “d+” rating in a report on Thursday, August 3rd.

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, as well as vitamins and minerals; and herbal products comprising herbal supplements.