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

Natural Health Trends Corp. (NASDAQ:NHTC - Get Free Report) was the target of a significant decrease in short interest in April. As of April 15th, there was short interest totalling 39,100 shares, a decrease of 15.4% from the March 31st total of 46,200 shares. Approximately 0.5% of the shares of the stock are short sold. Based on an average daily trading volume, of 18,300 shares, the days-to-cover ratio is presently 2.1 days.

Natural Health Trends Trading Down 3.0 %

Natural Health Trends stock traded down $0.15 during midday trading on Tuesday, reaching $4.87. 29,944 shares of the stock traded hands, compared to its average volume of 19,380. The firm has a market cap of $56.07 million, a PE ratio of 81.18 and a beta of 0.86. The company has a 50-day simple moving average of $5.01 and a two-hundred day simple moving average of $5.09. Natural Health Trends has a 12-month low of $4.02 and a 12-month high of $7.40.

Natural Health Trends (NASDAQ:NHTC - Get Free Report) last issued its quarterly earnings results on Wednesday, April 30th. The company reported $0.01 earnings per share for the quarter. The company had revenue of $10.74 million for the quarter. Natural Health Trends had a return on equity of 1.53% and a net margin of 1.33%.

Natural Health Trends Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 23rd. Investors of record on Tuesday, May 13th will be paid a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 16.43%. The ex-dividend date of this dividend is Tuesday, May 13th. Natural Health Trends's dividend payout ratio is currently 1,600.00%.

Institutional Investors Weigh In On Natural Health Trends

Large investors have recently modified their holdings of the stock. SBI Securities Co. Ltd. acquired a new position in shares of Natural Health Trends during the 4th quarter worth $40,000. Millennium Management LLC raised its stake in Natural Health Trends by 51.4% in 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 during the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of Natural Health Trends by 5.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 43,760 shares of the company's stock valued at $202,000 after buying an additional 2,274 shares during the period. Finally, Geode Capital Management LLC grew its position 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 valued at $515,000 after purchasing an additional 5,624 shares during the period. Hedge funds and other institutional investors own 10.13% of the company's stock.

Wall Street Analyst Weigh In

Separately, StockNews.com initiated coverage on shares of Natural Health Trends in a report on Tuesday. They set a "buy" rating for the company.

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.