Natural Alternatives International, Inc. (NASDAQ:NAII) Short Interest Down 52.6% in May

Natural Alternatives International, Inc. (NASDAQ:NAII) was the recipient of a significant drop in short interest in the month of 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. Based on an average trading volume of 13,326 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Institutional Investors Weigh In On Natural Alternatives International

An institutional investor recently raised its position in Natural Alternatives International stock. Renaissance Technologies LLC boosted its holdings in shares of Natural Alternatives International, Inc. (NASDAQ:NAII) by 3.7% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 302,756 shares of the company’s stock after buying an additional 10,900 shares during the period. Renaissance Technologies LLC owned approximately 4.90% of Natural Alternatives International worth $1,084,000 as of its most recent SEC filing. Institutional investors own 32.40% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Natural Alternatives International in a report on Tuesday. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has an average rating of “Sell”.

Natural Alternatives International Price Performance

NASDAQ:NAII opened at $2.54 on Friday. The firm has a market capitalization of $15.95 million, a price-to-earnings ratio of -1.06 and a beta of 0.40. Natural Alternatives International has a 52-week low of $2.33 and a 52-week high of $4.96. The stock has a fifty day moving average of $2.68 and a 200 day moving average of $3.14. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.87 and a current ratio of 1.64.

Natural Alternatives International (NASDAQ:NAII) last posted 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%.

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.