Natural Alternatives International, Inc. (NASDAQ:NAII) Short Interest Up 163.2% in May

Natural Alternatives International, Inc. (NASDAQ:NAII) was the recipient of a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 4,437 shares, an increase of 163.2% from the May 14th total of 1,686 shares. Based on an average trading volume of 18,692 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the company’s shares are sold short.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated 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, Based on data from MarketBeat, the company currently has an average rating of “Sell”.

Natural Alternatives International Trading Down 0.8%

NASDAQ:NAII traded down $0.02 on Friday, hitting $2.46. 33,349 shares of the stock were exchanged, compared to its average volume of 14,555. The stock has a market cap of $15.45 million, a PE ratio of -1.03 and a beta of 0.38. The company has a current ratio of 1.64, a quick ratio of 0.87 and a debt-to-equity ratio of 0.13. The stock has a fifty day moving average of $2.64 and a 200-day moving average of $3.11. Natural Alternatives International has a fifty-two week low of $2.33 and a fifty-two week high of $4.96.

Natural Alternatives International (NASDAQ:NAII) last announced its quarterly earnings results on Monday, May 18th. The company reported ($0.72) 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%.

Hedge Funds Weigh In On Natural Alternatives International

An institutional investor recently raised its position in Natural Alternatives International stock. Renaissance Technologies LLC grew its holdings in Natural Alternatives International, Inc. (NASDAQ:NAII) by 3.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 302,756 shares of the company’s stock after acquiring an additional 10,900 shares during the period. Renaissance Technologies LLC owned about 4.90% of Natural Alternatives International worth $1,084,000 as of its most recent SEC filing. 32.40% of the stock is currently owned by institutional investors.

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.