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

Natural Alternatives International, Inc. (NASDAQ:NAII) was the target of a large drop in short interest in May. As of May 15th, there was short interest totaling 1,686 shares, a drop of 52.6% from the April 30th total of 3,559 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 13,326 shares, the days-to-cover ratio is currently 0.1 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated 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 MarketBeat, the company presently has an average rating of “Sell”.

Institutional Investors Weigh In On Natural Alternatives International

A hedge fund recently bought a new stake in Natural Alternatives International stock. DRW Securities LLC acquired a new position in shares of Natural Alternatives International, Inc. (NASDAQ:NAII) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 10,377 shares of the company’s stock, valued at approximately $37,000. DRW Securities LLC owned about 0.17% of Natural Alternatives International at the end of the most recent reporting period. Hedge funds and other institutional investors own 32.40% of the company’s stock.

Natural Alternatives International Trading Down 0.8%

Shares of NASDAQ:NAII traded down $0.02 during trading on Monday, hitting $2.52. 15,062 shares of the company’s stock were exchanged, compared to its average volume of 21,429. Natural Alternatives International has a 1-year low of $2.33 and a 1-year high of $4.96. The firm has a 50-day moving average price of $2.68 and a two-hundred day moving average price of $3.15. The company has a current ratio of 1.64, a quick ratio of 0.87 and a debt-to-equity ratio of 0.13. The firm has a market cap of $15.83 million, a P/E ratio of -1.05 and a beta of 0.38.

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

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.