Natural Alternatives International, Inc. (NASDAQ:NAII) Short Interest Down 83.0% in January

Natural Alternatives International, Inc. (NASDAQ:NAII) was the recipient of a large drop in short interest in January. As of January 30th, there was short interest totaling 2,036 shares, a drop of 83.0% from the January 15th total of 11,999 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 9,027 shares, the days-to-cover ratio is presently 0.2 days. Based on an average trading volume of 9,027 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the shares of the stock are short sold.

Wall Street Analyst Weigh In

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

Hedge Funds Weigh In On Natural Alternatives International

A hedge fund recently raised its stake in Natural Alternatives International stock. Renaissance Technologies LLC increased its holdings in shares of Natural Alternatives International, Inc. (NASDAQ:NAII) by 3.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 302,756 shares of the company’s stock after buying an additional 10,900 shares during the quarter. Renaissance Technologies LLC owned 4.90% of Natural Alternatives International worth $1,084,000 as of its most recent SEC filing. Institutional investors and hedge funds own 32.40% of the company’s stock.

Natural Alternatives International Price Performance

NASDAQ NAII remained flat at $3.42 on Thursday. The company had a trading volume of 7,147 shares, compared to its average volume of 16,864. Natural Alternatives International has a fifty-two week low of $2.57 and a fifty-two week high of $4.96. The company has a 50 day moving average of $3.73 and a 200 day moving average of $3.42. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.01 and a current ratio of 1.92. The company has a market capitalization of $21.14 million, a PE ratio of -1.72 and a beta of 0.35.

Natural Alternatives International (NASDAQ:NAII) last posted its earnings results on Wednesday, November 12th. The company reported ($0.05) earnings per share (EPS) for the quarter. Natural Alternatives International had a negative return on equity of 7.75% and a negative net margin of 8.84%.The company had revenue of $37.73 million for the quarter.

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.