Natural Health Trends Corp. (NASDAQ:NHTC – Get Free Report) was the target of 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 trading volume of 54,959 shares, the short-interest ratio is presently 0.8 days. Currently, 0.6% of the company’s shares are short sold.
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 position in shares of Natural Health Trends Corp. (NASDAQ:NHTC – Free Report) in 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 about 1.11% of Natural Health Trends at the end of the most recent quarter. 10.13% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Natural Health Trends in a research report on Monday, September 14th. One investment analyst has rated the stock with a Sell rating. According to MarketBeat, the company presently has a consensus rating of “Sell”.
Get Our Latest Analysis on Natural Health Trends
Natural Health Trends Price Performance
NHTC traded down $0.02 during trading hours on Wednesday, reaching $0.84. The company’s stock had a trading volume of 49,486 shares, compared to its average volume of 42,752. Natural Health Trends has a fifty-two week low of $0.78 and a fifty-two week high of $4.57. The stock has a market cap of $7.22 million, a PE ratio of -5.26 and a beta of 1.03. The business’s 50-day moving average is $1.25 and its 200-day moving average is $2.34.
Natural Health Trends (NASDAQ:NHTC – Get Free Report) last posted its earnings results on Wednesday, October 28th. The company reported ($0.03) earnings per share (EPS) for the quarter. Natural Health Trends had a negative return on equity of 8.00% and a negative net margin of 4.51%. The business had revenue of $7.56 million for the quarter.
Natural Health Trends Company Profile
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.
See Also
- Five stocks we like better than Natural Health Trends
- Boeing Got Its MAX 10 Approval, But Q3 Delivered a Reality Check
- The Invisible AI Backbone: Corning’s AI Fiber Play
- Heavy Metal: Why Nucor Could Be an Overlooked AI Infrastructure Winner
- Why Tesla’s Upside Is About More Than a SpaceX Merger
Receive News & Ratings for Natural Health Trends Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Natural Health Trends and related companies with MarketBeat.com's FREE daily email newsletter.
