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

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

Analysts Set New Price Targets

Separately, StockNews.com started coverage on Natural Health Trends in a research report on Wednesday. They set a "buy" rating on the stock.

Natural Health Trends Stock Down 0.4 %

Shares of Natural Health Trends stock traded down $0.02 on Thursday, reaching $5.03. The stock had a trading volume of 7,742 shares, compared to its average volume of 19,627. Natural Health Trends has a 1 year low of $4.02 and a 1 year high of $7.40. The company has a 50 day moving average price of $4.99 and a 200 day moving average price of $5.39. The stock has a market capitalization of $57.91 million, a P/E ratio of 83.85 and a beta of 0.97.

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

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Natural Health Trends Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Tuesday, February 18th were paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 15.90%. The ex-dividend date of this dividend was Tuesday, February 18th. Natural Health Trends's dividend payout ratio (DPR) is presently 1,333.33%.

Institutional Investors Weigh In On Natural Health Trends

Institutional investors have recently added to or reduced their stakes in the business. SBI Securities Co. Ltd. purchased a new position in shares of Natural Health Trends in the 4th quarter valued at approximately $40,000. Millennium Management LLC increased its stake in Natural Health Trends by 51.4% during the 4th quarter. Millennium Management LLC now owns 16,108 shares of the company's stock valued at $74,000 after purchasing an additional 5,467 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in Natural Health Trends by 5.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 43,760 shares of the company's stock valued at $202,000 after purchasing an additional 2,274 shares in the last quarter. Finally, Geode Capital Management LLC raised its holdings in shares of Natural Health Trends by 6.9% in the third quarter. Geode Capital Management LLC now owns 86,590 shares of the company's stock worth $515,000 after buying an additional 5,624 shares during the last quarter. Institutional investors and hedge funds own 10.13% of the company's stock.

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.