Mannatech, Incorporated (NASDAQ:MTEX – Get Free Report) was the target of a significant decline in short interest in the month of July. As of July 31st, there was short interest totalling 300 shares, a decline of 25.0% from the July 15th total of 400 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 1,100 shares, the days-to-cover ratio is presently 0.3 days.
Wall Street Analyst Weigh In
Separately, StockNews.com assumed coverage on shares of Mannatech in a research note on Wednesday. They set a “buy” rating on the stock.
Read Our Latest Stock Report on Mannatech
Mannatech Price Performance
Mannatech (NASDAQ:MTEX – Get Free Report) last released its quarterly earnings data on Tuesday, May 14th. The company reported $0.63 EPS for the quarter. The firm had revenue of $29.39 million for the quarter. Mannatech had a negative net margin of 1.31% and a negative return on equity of 15.37%.
Mannatech Company Profile
Mannatech, Incorporated operates as a health and wellness company in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company develops, markets, and sells nutritional supplements; topical and skin care, and anti-aging products; and weight-management and fitness products. It primarily sells its products directly, as well as through e-commerce and network marketing channels.
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