Natural Alternatives International, Inc. (NASDAQ:NAII) Sees Large Increase in Short Interest

Natural Alternatives International, Inc. (NASDAQ:NAII) saw a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 4,437 shares, an increase of 163.2% from the May 14th total of 1,686 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 18,692 shares, the short-interest ratio is presently 0.2 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Natural Alternatives International stock. DRW Securities LLC purchased a new position in Natural Alternatives International, Inc. (NASDAQ:NAII) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 10,377 shares of the company’s stock, valued at approximately $37,000. DRW Securities LLC owned 0.17% of Natural Alternatives International at the end of the most recent quarter. 32.40% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

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

Natural Alternatives International Price Performance

NASDAQ:NAII traded down $0.02 during midday trading on Friday, hitting $2.46. The company had a trading volume of 33,349 shares, compared to its average volume of 14,555. 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 market capitalization of $15.45 million, a PE ratio of -1.03 and a beta of 0.38. The stock’s fifty day moving average price is $2.64 and its 200-day moving average price is $3.11. Natural Alternatives International has a 52-week low of $2.33 and a 52-week high of $4.96.

Natural Alternatives International (NASDAQ:NAII) last posted its quarterly 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%.

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.