Natural Health Trends Corp. (NASDAQ:NHTC – Get Free Report) saw a significant decrease in short interest in 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 short-interest ratio is presently 1.4 days. Approximately 0.3% of the company’s shares are sold short.
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in NHTC. Osaic Holdings Inc. raised its stake in shares of 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 acquiring an additional 413,022 shares in the last quarter. CIBC Bancorp USA Inc. acquired a new stake in shares of Natural Health Trends in the third quarter valued at $718,000. Finally, Bridgeway Capital Management LLC acquired a new stake in shares of Natural Health Trends in the third quarter valued at $101,000. 10.13% of the stock is currently owned by institutional investors and hedge funds.
Natural Health Trends Stock Up 1.6%
NASDAQ:NHTC traded up $0.05 during trading hours on Friday, reaching $3.17. 15,182 shares of the stock were exchanged, compared to its average volume of 23,545. The business has a 50-day moving average of $2.97 and a two-hundred day moving average of $3.34. Natural Health Trends has a twelve month low of $2.40 and a twelve month high of $6.00. The company has a market capitalization of $27.20 million, a price-to-earnings ratio of -28.82 and a beta of 0.90.
Natural Health Trends Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Friday, May 22nd. Shareholders of record on Tuesday, May 12th will be paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 12.6%. The ex-dividend date is Tuesday, May 12th. Natural Health Trends’s dividend payout ratio is -500.00%.
Analyst Ratings Changes
Separately, Weiss Ratings restated a “sell (d)” rating on shares of Natural Health Trends in a research note on Monday, March 23rd. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has an average rating of “Sell”.
Get Our Latest Analysis on Natural Health Trends
Natural Health Trends Company Profile
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.
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