Natural Health Trends Corp. (NASDAQ:NHTC) Short Interest Update

Natural Health Trends Corp. (NASDAQ:NHTC) was the target of a significant decline in short interest during the month of February. As of February 28th, there was short interest totalling 30,900 shares, a decline of 25.9% from the February 13th total of 41,700 shares. Currently, 0.4% of the shares of the stock are sold short. Based on an average daily volume of 23,800 shares, the days-to-cover ratio is currently 1.3 days.

Natural Health Trends Stock Performance

Shares of NHTC opened at $5.17 on Tuesday. The firm has a market cap of $59.52 million, a price-to-earnings ratio of 86.18 and a beta of 0.97. Natural Health Trends has a fifty-two week low of $4.02 and a fifty-two week high of $7.40. The firm has a 50 day moving average price of $4.97 and a 200-day moving average price of $5.41.

Natural Health Trends (NASDAQ:NHTC) last announced its quarterly earnings data on Wednesday, February 5th. The company reported $0.02 earnings per share for the quarter. Natural Health Trends had a net margin of 1.33% and a return on equity of 1.53%.

Natural Health Trends Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Tuesday, February 18th were paid a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 15.47%. The ex-dividend date of this dividend was Tuesday, February 18th. Natural Health Trends’s payout ratio is 1,333.33%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com assumed coverage on shares of Natural Health Trends in a report on Tuesday, March 11th. They issued a “buy” rating for the company.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in NHTC. SBI Securities Co. Ltd. bought a new position in Natural Health Trends in the 4th quarter worth $40,000. Millennium Management LLC raised its holdings in Natural Health Trends by 51.4% in the 4th quarter. Millennium Management LLC now owns 16,108 shares of the company’s stock worth $74,000 after purchasing an additional 5,467 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in Natural Health Trends by 5.5% in the 4th quarter. Dimensional Fund Advisors LP now owns 43,760 shares of the company’s stock worth $202,000 after purchasing an additional 2,274 shares in the last quarter. Finally, Geode Capital Management LLC raised its holdings in Natural Health Trends by 6.9% in the 3rd quarter. Geode Capital Management LLC now owns 86,590 shares of the company’s stock worth $515,000 after purchasing an additional 5,624 shares in the last quarter. 10.13% of the stock is owned by hedge funds and other institutional investors.

About Natural Health Trends

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