Short Interest in Natural Alternatives International, Inc. (NASDAQ:NAII) Drops By 28.1%

Natural Alternatives International, Inc. (NASDAQ:NAII) saw a significant drop in short interest in the month of March. As of March 13th, there was short interest totaling 3,977 shares, a drop of 28.1% from the February 26th total of 5,535 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 16,069 shares, the short-interest ratio is currently 0.2 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Natural Alternatives International in a research report on Thursday, January 22nd. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has a consensus rating of “Sell”.

Natural Alternatives International Price Performance

Shares of NAII stock traded up $0.06 during trading hours on Friday, hitting $2.79. 27,534 shares of the company’s stock were exchanged, compared to its average volume of 30,282. The company has a market capitalization of $17.24 million, a PE ratio of -1.37 and a beta of 0.40. Natural Alternatives International has a 12-month low of $2.33 and a 12-month high of $4.96. The business’s 50 day simple moving average is $3.18 and its 200-day simple moving average is $3.21. The company has a current ratio of 1.87, a quick ratio of 0.85 and a debt-to-equity ratio of 0.13.

Natural Alternatives International (NASDAQ:NAII) last announced its quarterly earnings data on Friday, February 13th. The company reported ($0.42) earnings per share (EPS) for the quarter. Natural Alternatives International had a negative net margin of 9.06% and a negative return on equity of 8.60%. The business had revenue of $34.80 million during the quarter.

Institutional Trading of Natural Alternatives International

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

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.