Mannatech, Incorporated (NASDAQ:MTEX) Sees Large Decrease in Short Interest

Posted by Logan Wallace on Oct 2nd, 2026

Mannatech, Incorporated (NASDAQ:MTEX – Get Free Report) was the target of a significant decline in short interest in September. As of September 15th, there was short interest totaling 12,840 shares, a decline of 42.1% from the August 31st total of 22,195 shares. Currently, 1.3% of the company’s shares are short sold. Based on an average daily volume of 92,879 shares, the days-to-cover ratio is currently 0.1 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised Mannatech from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Monday, September 21st. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has a consensus rating of “Sell”.

Check Out Our Latest Stock Report on MTEX

Mannatech Stock Performance

Shares of NASDAQ MTEX traded down $0.39 during trading on Friday, hitting $6.60. 12,642 shares of the company traded hands, compared to its average volume of 25,044. The firm has a market capitalization of $12.74 million, a price-to-earnings ratio of -1.69 and a beta of 0.76. The business’s fifty day moving average is $6.66 and its 200 day moving average is $5.79. Mannatech has a fifty-two week low of $3.80 and a fifty-two week high of $12.45.

Mannatech (NASDAQ:MTEX – Get Free Report) last issued its earnings results on Wednesday, August 12th. The company reported $0.53 EPS for the quarter. Mannatech had a negative return on equity of 2,383.34% and a negative net margin of 6.90%.The company had revenue of $26.65 million during the quarter.

Mannatech Company Profile

(Get Free Report)

Mannatech, Incorporated (NASDAQ: MTEX) develops and sells nutritional supplements, functional foods and personal-care products. Its offerings are designed to support areas such as general wellness, nutrition, energy and skincare, and include supplement powders, capsules, beverages and topical products.

The company primarily uses a direct-selling business model, marketing its products through independent associates and distributors as well as through online channels. Mannatech is known for products incorporating plant-based and other nutritional ingredients, including its Ambrotose and MannaBears product lines.

Founded in 1994, Mannatech is based in Flower Mound, Texas.