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

Natural Alternatives International, Inc. (NASDAQ:NAII) was the target of a significant decrease in short interest during the month of February. As of February 13th, there was short interest totaling 1,228 shares, a decrease of 39.7% from the January 29th total of 2,036 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 22,381 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily trading volume, of 22,381 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Natural Alternatives International stock. DRW Securities LLC bought a new position in shares of Natural Alternatives International, Inc. (NASDAQ:NAII) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 10,377 shares of the company’s stock, valued at approximately $37,000. DRW Securities LLC owned 0.17% of Natural Alternatives International as of its most recent SEC filing. 32.40% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

Natural Alternatives International Trading Down 1.8%

Shares of Natural Alternatives International stock opened at $2.71 on Friday. The firm’s 50 day simple moving average is $3.65 and its two-hundred day simple moving average is $3.36. The firm has a market capitalization of $16.75 million, a price-to-earnings ratio of -1.33 and a beta of 0.35. Natural Alternatives International has a 12-month low of $2.33 and a 12-month high of $4.96. 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 posted its quarterly earnings data on Friday, February 13th. The company reported ($0.42) EPS for the quarter. Natural Alternatives International had a negative return on equity of 8.60% and a negative net margin of 9.06%.The company had revenue of $34.80 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.