Natural Alternatives International, Inc. (NASDAQ:NAII) Short Interest Down 52.6% in May
by Renee Jackson · The Cerbat GemNatural Alternatives International, Inc. (NASDAQ:NAII – Get Free Report) was the target of a significant decrease in short interest during the month of May. As of May 15th, there was short interest totaling 1,686 shares, a decrease of 52.6% from the April 30th total of 3,559 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 13,326 shares, the short-interest ratio is currently 0.1 days.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Natural Alternatives International in a report on Tuesday, May 26th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.
Read Our Latest Report on NAII
Institutional Trading of Natural Alternatives International
An institutional investor recently raised its position in Natural Alternatives International stock. Renaissance Technologies LLC boosted its position in shares of Natural Alternatives International, Inc. (NASDAQ:NAII – Free Report) by 3.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 302,756 shares of the company’s stock after acquiring an additional 10,900 shares during the period. Renaissance Technologies LLC owned 4.90% of Natural Alternatives International worth $1,084,000 as of its most recent SEC filing. 32.40% of the stock is owned by institutional investors and hedge funds.
Natural Alternatives International Price Performance
NAII stock remained flat at $2.52 during trading on Tuesday. 13,977 shares of the company were exchanged, compared to its average volume of 21,357. The business’s fifty day moving average is $2.68 and its 200-day moving average is $3.14. The company has a market capitalization of $15.83 million, a P/E ratio of -1.05 and a beta of 0.38. Natural Alternatives International has a twelve month low of $2.33 and a twelve month high of $4.96. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.64 and a quick ratio of 0.87.
Natural Alternatives International (NASDAQ:NAII – Get Free Report) last posted its quarterly earnings data on Monday, May 18th. The company reported ($0.72) earnings per share for the quarter. Natural Alternatives International had a negative return on equity of 12.21% and a negative net margin of 10.13%.The firm had revenue of $35.48 million for the quarter.
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.