Short Interest in Natural Alternatives International, Inc. (NASDAQ:NAII) Drops By 44.8%

Natural Alternatives International, Inc. (NASDAQ:NAII) was the target of a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 2,451 shares, a decline of 44.8% from the May 31st total of 4,437 shares. Based on an average daily volume of 17,651 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

Natural Alternatives International Price Performance

NAII stock remained flat at $2.39 during trading hours on Wednesday. The company’s stock had a trading volume of 16,924 shares, compared to its average volume of 23,266. The firm’s 50 day simple moving average is $2.58 and its 200-day simple moving average is $3.01. The company has a market cap of $15.00 million, a P/E ratio of -1.00 and a beta of 0.38. 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 has a 52-week low of $2.33 and a 52-week high of $4.96.

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 firm had revenue of $35.48 million for the quarter. Natural Alternatives International had a negative return on equity of 12.21% and a negative net margin of 10.13%.

Analyst Ratings Changes

Separately, Weiss Ratings restated 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, According to data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Natural Alternatives International stock. DRW Securities LLC purchased a new stake in Natural Alternatives International, Inc. (NASDAQ:NAII) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 10,377 shares of the company’s stock, valued at approximately $37,000. DRW Securities LLC owned about 0.17% of Natural Alternatives International at the end of the most recent quarter. 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.