Short Interest in Natural Alternatives International, Inc. (NASDAQ:NAII) Grows By 73.8%

Natural Alternatives International, Inc. (NASDAQ:NAIIGet Rating) saw a large increase in short interest in the month of April. As of April 30th, there was short interest totalling 13,900 shares, an increase of 73.8% from the April 15th total of 8,000 shares. Based on an average daily trading volume, of 17,300 shares, the short-interest ratio is currently 0.8 days. Currently, 0.3% of the company’s shares are sold short.

Shares of NAII opened at $10.48 on Friday. The company has a 50 day moving average price of $10.53 and a 200-day moving average price of $12.03. Natural Alternatives International has a fifty-two week low of $8.42 and a fifty-two week high of $19.93. The stock has a market capitalization of $64.16 million, a PE ratio of 6.54 and a beta of 0.90. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.35 and a current ratio of 4.28.

Natural Alternatives International (NASDAQ:NAIIGet Rating) last announced its quarterly earnings results on Wednesday, February 9th. The company reported $0.30 earnings per share for the quarter. Natural Alternatives International had a net margin of 5.98% and a return on equity of 12.28%. The firm had revenue of $37.73 million during the quarter.

Separately, StockNews.com began coverage on shares of Natural Alternatives International in a research report on Friday. They issued a “buy” rating for the company.

Several institutional investors and hedge funds have recently made changes to their positions in NAII. Liberty Wealth Management LLC raised its stake in shares of Natural Alternatives International by 7.0% during the 4th quarter. Liberty Wealth Management LLC now owns 15,286 shares of the company’s stock worth $193,000 after acquiring an additional 1,005 shares in the last quarter. BlackRock Inc. raised its stake in shares of Natural Alternatives International by 10.4% during the 4th quarter. BlackRock Inc. now owns 14,198 shares of the company’s stock worth $180,000 after acquiring an additional 1,334 shares in the last quarter. Morgan Stanley raised its stake in shares of Natural Alternatives International by 1.6% during the 2nd quarter. Morgan Stanley now owns 171,700 shares of the company’s stock worth $2,890,000 after acquiring an additional 2,675 shares in the last quarter. Acadian Asset Management LLC raised its stake in shares of Natural Alternatives International by 28.4% during the 4th quarter. Acadian Asset Management LLC now owns 17,239 shares of the company’s stock worth $217,000 after acquiring an additional 3,810 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC raised its stake in shares of Natural Alternatives International by 133.5% during the 3rd quarter. O Shaughnessy Asset Management LLC now owns 22,429 shares of the company’s stock worth $303,000 after acquiring an additional 12,822 shares in the last quarter. 28.54% of the stock is owned by hedge funds and other institutional investors.

Natural Alternatives International Company Profile (Get Rating)

Natural Alternatives International, Inc engages in formulating, manufacturing, and marketing nutritional supplements in the United States, Europe, Asia, and internationally. The company operates in two segments, Private-Label Contract Manufacturing, and Patent and Trademark Licensing. It offers private-label contract manufacturing services to companies that market and distribute vitamins, minerals, herbal, and other nutritional supplements, as well as other health care products.

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