Natural Health Trends Corp. (NASDAQ:NHTC – Get Free Report) saw a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 41,741 shares, an increase of 248.5% from the September 30th total of 11,978 shares. Based on an average daily volume of 54,959 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.6% of the company’s stock are short sold.
Natural Health Trends Trading Down 8.0%
NASDAQ NHTC traded down $0.07 on Thursday, reaching $0.77. The stock had a trading volume of 81,494 shares, compared to its average volume of 42,931. The business has a 50 day moving average price of $1.25 and a 200 day moving average price of $2.34. Natural Health Trends has a 1 year low of $0.77 and a 1 year high of $4.48. The company has a market capitalization of $6.64 million, a price-to-earnings ratio of -4.84 and a beta of 1.03.
Natural Health Trends (NASDAQ:NHTC – Get Free Report) last issued its quarterly earnings data on Wednesday, October 28th. The company reported ($0.03) earnings per share for the quarter. The business had revenue of $7.56 million for the quarter. Natural Health Trends had a negative net margin of 4.51% and a negative return on equity of 8.00%.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Natural Health Trends in a research note on Monday, September 14th. One investment analyst has rated the stock with a Sell rating. According to MarketBeat.com, Natural Health Trends has an average rating of “Sell”.
Get Our Latest Report on Natural Health Trends
Hedge Funds Weigh In On Natural Health Trends
A hedge fund recently bought a new position in Natural Health Trends stock. BlackRock Inc. acquired a new stake in Natural Health Trends Corp. (NASDAQ:NHTC – Free Report) during the second quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 95,588 shares of the company’s stock, valued at approximately $169,000. BlackRock Inc. owned approximately 1.11% of Natural Health Trends as of its most recent filing with the SEC. Institutional investors and hedge funds own 10.13% of the company’s stock.
About Natural Health Trends
Natural Health Trends Corp. is a direct-selling company that develops and distributes health, wellness and beauty products under the NHT Global brand. Its product portfolio includes nutritional supplements, personal-care products, skin-care items and lifestyle goods.
The company markets its products through a network of independent distributors and customers rather than primarily through traditional retail channels. Its direct-selling model supports product distribution, customer enrollment and sales across several international markets.
Natural Health Trends has historically focused much of its business in Asia, including Hong Kong and mainland China, while also serving customers and distributors in other regions.
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