Short Interest in Natural Alternatives International, Inc. (NASDAQ:NAII) Rises By 350.7%

Natural Alternatives International, Inc. (NASDAQ:NAII) saw a large growth in short interest in the month of February. As of February 27th, there was short interest totaling 5,535 shares, a growth of 350.7% from the February 12th total of 1,228 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 27,627 shares, the short-interest ratio is currently 0.2 days. Based on an average daily trading volume, of 27,627 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company’s shares are sold short.

Natural Alternatives International Trading Down 1.1%

Shares of NASDAQ NAII opened at $2.69 on Friday. Natural Alternatives International has a twelve month low of $2.33 and a twelve month high of $4.96. The stock has a market cap of $16.62 million, a price-to-earnings ratio of -1.32 and a beta of 0.40. The company has a quick ratio of 0.85, a current ratio of 1.87 and a debt-to-equity ratio of 0.13. The company’s fifty day moving average is $3.54 and its 200-day moving average is $3.29.

Natural Alternatives International (NASDAQ:NAII) last released its quarterly earnings data on Friday, February 13th. The company reported ($0.42) EPS for the quarter. Natural Alternatives International had a negative net margin of 9.06% and a negative return on equity of 8.60%. The firm had revenue of $34.80 million during the quarter.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Natural Alternatives International in a research note on Thursday, January 22nd. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has a consensus rating of “Sell”.

Hedge Funds Weigh In On Natural Alternatives International

An institutional investor recently raised its position in Natural Alternatives International stock. Renaissance Technologies LLC boosted its stake in shares of Natural Alternatives International, Inc. (NASDAQ:NAII) by 3.7% during the 4th quarter, according to its most recent 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 filing with the SEC. Institutional investors and hedge funds own 32.40% of the company’s stock.

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.