Natural Alternatives International, Inc. (NASDAQ:NAII) Sees Large Decline in Short Interest

Natural Alternatives International, Inc. (NASDAQ:NAII) was the recipient of a large decline in short interest during 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 short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Natural Alternatives International in a research report on Tuesday, May 26th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has an average rating of “Sell”.

Institutional Inflows and Outflows

A hedge fund 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 the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 10,377 shares of the company’s stock, valued at approximately $37,000. DRW Securities LLC owned 0.17% of Natural Alternatives International at the end of the most recent reporting period. 32.40% of the stock is owned by institutional investors and hedge funds.

Natural Alternatives International Trading Down 0.8%

NASDAQ:NAII traded down $0.02 on Thursday, hitting $2.37. 23,713 shares of the stock were exchanged, compared to its average volume of 23,269. 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. The stock has a market capitalization of $14.88 million, a price-to-earnings ratio of -0.99 and a beta of 0.36. The company’s 50-day moving average price is $2.58 and its 200 day moving average price is $3.01.

Natural Alternatives International (NASDAQ:NAII) last issued its earnings results on Monday, May 18th. The company reported ($0.72) earnings per share (EPS) for the quarter. Natural Alternatives International had a negative net margin of 10.13% and a negative return on equity of 12.21%. The business had revenue of $35.48 million during 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.