Natural Alternatives International, Inc. (NASDAQ:NAII) Short Interest Up 350.7% in February

Natural Alternatives International, Inc. (NASDAQ:NAII) was the target of a large increase in short interest during the month of February. As of February 27th, there was short interest totaling 5,535 shares, an increase of 350.7% from the February 12th total of 1,228 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 27,627 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily trading volume, of 27,627 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the company’s shares are sold short.

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 position in Natural Alternatives International, Inc. (NASDAQ:NAII) by 3.7% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 302,756 shares of the company’s stock after purchasing an additional 10,900 shares during the period. Renaissance Technologies LLC owned about 4.90% of Natural Alternatives International worth $1,084,000 at the end of the most recent reporting period. 32.40% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Natural Alternatives International in a report on Thursday, January 22nd. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Sell”.

Natural Alternatives International Trading Down 0.5%

NAII stock traded down $0.01 on Wednesday, reaching $2.74. The company’s stock had a trading volume of 4,542 shares, compared to its average volume of 19,028. Natural Alternatives International has a 12-month low of $2.33 and a 12-month high of $4.96. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.85 and a current ratio of 1.87. The firm has a market cap of $16.91 million, a PE ratio of -1.34 and a beta of 0.40. The business has a fifty day simple moving average of $3.57 and a two-hundred day simple moving average of $3.29.

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