Natural Alternatives International, Inc. (NASDAQ:NAII) Short Interest Down 28.1% in March

Natural Alternatives International, Inc. (NASDAQ:NAII) was the recipient of a large decrease in short interest in March. As of March 13th, there was short interest totaling 3,977 shares, a decrease of 28.1% from the February 26th total of 5,535 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average trading volume of 16,069 shares, the short-interest ratio is presently 0.2 days.

Institutional Trading of 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% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor 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 at the end of the most recent reporting period. Institutional investors own 32.40% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Natural Alternatives International Stock Up 2.2%

Shares of Natural Alternatives International stock traded up $0.06 during trading on Friday, hitting $2.79. The company’s stock had a trading volume of 27,534 shares, compared to its average volume of 30,282. Natural Alternatives International has a 52 week low of $2.33 and a 52 week high of $4.96. The company has a market capitalization of $17.24 million, a PE ratio of -1.37 and a beta of 0.40. The company has a fifty day simple moving average of $3.18 and a two-hundred day simple moving average of $3.21. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.85 and a current ratio of 1.87.

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

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.