Natural Alternatives International, Inc. (NASDAQ:NAII) Short Interest Down 44.8% in June

Natural Alternatives International, Inc. (NASDAQ:NAII) was the target of a large drop in short interest during the month of June. As of June 15th, there was short interest totaling 2,451 shares, a drop of 44.8% from the May 31st total of 4,437 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 17,651 shares, the short-interest ratio is currently 0.1 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Natural Alternatives International stock. DRW Securities LLC bought 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 fund bought 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 quarter. Institutional investors own 32.40% of the company’s stock.

Natural Alternatives International Stock Down 0.8%

NASDAQ:NAII opened at $2.37 on Friday. The company has a 50-day moving average of $2.57 and a 200 day moving average of $3.01. Natural Alternatives International has a 1-year low of $2.33 and a 1-year high of $4.96. The firm has a market cap of $14.88 million, a PE ratio of -0.99 and a beta of 0.36. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.64 and a quick ratio of 0.87.

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

Analyst Ratings Changes

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

Natural Alternatives International Company Profile

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.