Natural Alternatives International, Inc. (NASDAQ:NAII) Short Interest Update

Natural Alternatives International, Inc. (NASDAQ:NAII) was the target of a large growth in short interest in July. As of July 31st, there was short interest totaling 25,810 shares, a growth of 175.5% from the July 15th total of 9,367 shares. Approximately 0.5% of the shares of the stock are sold short. Based on an average daily trading volume, of 12,216 shares, the days-to-cover ratio is presently 2.1 days.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Natural Alternatives International in a research note on Tuesday, May 26th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has an average rating of “Sell”.

Natural Alternatives International Price Performance

NAII stock opened at $2.04 on Friday. Natural Alternatives International has a 52 week low of $2.01 and a 52 week high of $4.96. The company has a quick ratio of 0.87, a current ratio of 1.64 and a debt-to-equity ratio of 0.13. The company has a fifty day simple moving average of $2.35 and a two-hundred day simple moving average of $2.67. The firm has a market capitalization of $12.81 million, a P/E ratio of -0.85 and a beta of 0.36.

Natural Alternatives International (NASDAQ:NAII) last posted its earnings results on Monday, May 18th. The company reported ($0.72) earnings per share for the quarter. The business had revenue of $35.48 million during the quarter. Natural Alternatives International had a negative return on equity of 12.21% and a negative net margin of 10.13%.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in Natural Alternatives International stock. Renaissance Technologies LLC raised its stake in shares of Natural Alternatives International, Inc. (NASDAQ:NAII) by 3.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 302,756 shares of the company’s stock after purchasing an additional 10,900 shares during the period. Renaissance Technologies LLC owned 4.90% of Natural Alternatives International worth $1,084,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other institutional investors own 32.40% of the company’s stock.

About Natural Alternatives International

Natural Alternatives International, Inc (NASDAQ: NAII) is a developer and contract manufacturer of nutritional supplements and related health products. Founded in 1980 and headquartered in Carlsbad, California, the company specializes in turnkey solutions for dietary supplement and functional food brands, combining scientific research with large-scale production capabilities.

NAII’s product portfolio spans a wide range of dosage forms, including softgels, tablets, capsules, powders, effervescent drink mixes and chewables.