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 during 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 shares of the stock are sold short. Based on an average trading volume of 18,692 shares, the short-interest ratio is presently 0.2 days.

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, According to data from MarketBeat, the company has a consensus rating of “Sell”.

Institutional Trading of Natural Alternatives International

A hedge fund recently raised its stake in Natural Alternatives International stock. Renaissance Technologies LLC increased its position in shares of Natural Alternatives International, Inc. (NASDAQ:NAII) by 3.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 302,756 shares of the company’s stock after buying an additional 10,900 shares during the period. Renaissance Technologies LLC owned 4.90% of Natural Alternatives International worth $1,084,000 as of its most recent filing with the SEC. 32.40% of the stock is currently owned by institutional investors.

Natural Alternatives International Stock Down 0.8%

Shares of NAII traded down $0.02 during midday trading on Friday, hitting $2.46. 33,349 shares of the company’s stock traded hands, compared to its average volume of 14,555. Natural Alternatives International has a 1 year low of $2.33 and a 1 year high of $4.96. The firm’s fifty day moving average is $2.64 and its 200-day moving average is $3.11. 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 stock has a market capitalization of $15.45 million, a price-to-earnings ratio of -1.03 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) earnings per share (EPS) for the quarter. Natural Alternatives International had a negative net margin of 10.13% and a negative return on equity of 12.21%. The company 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.