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

Natural Alternatives International, Inc. (NASDAQ:NAII) saw a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 6,641 shares, an increase of 171.0% from the June 15th total of 2,451 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 46,951 shares, the short-interest ratio is presently 0.1 days.

Institutional Trading of Natural Alternatives International

A hedge fund recently raised its stake in Natural Alternatives International stock. Renaissance Technologies LLC raised its position in shares of Natural Alternatives International, Inc. (NASDAQ:NAII) by 3.7% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 302,756 shares of the company’s stock after purchasing an additional 10,900 shares during the quarter. Renaissance Technologies LLC owned approximately 4.90% of Natural Alternatives International worth $1,084,000 at the end of the most recent quarter. Institutional investors and hedge funds own 32.40% of the company’s stock.

Natural Alternatives International Stock Down 0.9%

Shares of NAII opened at $2.21 on Tuesday. The company has a market capitalization of $13.88 million, a PE ratio of -0.92 and a beta of 0.36. Natural Alternatives International has a 12 month low of $2.14 and a 12 month high of $4.96. The stock’s 50-day moving average price is $2.51 and its two-hundred day moving average price is $2.96. The company has a current ratio of 1.64, a quick ratio of 0.87 and a debt-to-equity ratio of 0.13.

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

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Natural Alternatives International in a report on Tuesday, May 26th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has an average rating of “Sell”.

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.