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

Natural Health Trends Corp. (NASDAQ:NHTC) was the recipient of a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 24,555 shares, an increase of 61.5% from the June 30th total of 15,200 shares. Based on an average daily volume of 31,291 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.3% of the shares of the company are short sold.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Natural Health Trends in a research report on Thursday, June 18th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has a consensus rating of “Sell”.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Natural Health Trends stock. Bridgeway Capital Management LLC bought a new stake in shares of Natural Health Trends Corp. (NASDAQ:NHTC) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 22,600 shares of the company’s stock, valued at approximately $101,000. Bridgeway Capital Management LLC owned approximately 0.20% of Natural Health Trends as of its most recent SEC filing. Institutional investors and hedge funds own 10.13% of the company’s stock.

Natural Health Trends Stock Down 0.3%

NHTC traded down $0.01 during trading hours on Friday, hitting $1.68. The stock had a trading volume of 17,547 shares, compared to its average volume of 33,747. The company’s fifty day simple moving average is $2.05 and its 200 day simple moving average is $2.79. Natural Health Trends has a 1 year low of $1.55 and a 1 year high of $5.10. The stock has a market cap of $14.37 million, a PE ratio of -10.47 and a beta of 0.92.

Natural Health Trends (NASDAQ:NHTC) last released its quarterly earnings data on Wednesday, July 29th. The company reported ($0.05) EPS for the quarter. The business had revenue of $7.60 million for the quarter. Natural Health Trends had a negative net margin of 4.51% and a negative return on equity of 7.38%.

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.