Natural Alternatives International, Inc. (NASDAQ:NAII) Short Interest Up 169.1% in March

Natural Alternatives International, Inc. (NASDAQ:NAII) saw a large growth in short interest during the month of March. As of March 31st, there was short interest totaling 10,701 shares, a growth of 169.1% from the March 15th total of 3,977 shares. Based on an average trading volume of 42,058 shares, the short-interest ratio is presently 0.3 days. Currently, 0.2% of the shares of the stock are short sold.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed 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 currently has an average rating of “Sell”.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Natural Alternatives International stock. Renaissance Technologies LLC boosted its position in Natural Alternatives International, Inc. (NASDAQ:NAII) by 3.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). 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 quarter. Hedge funds and other institutional investors own 32.40% of the company’s stock.

Natural Alternatives International Trading Down 2.8%

NASDAQ:NAII traded down $0.08 during trading hours on Monday, hitting $2.75. 33,336 shares of the company were exchanged, compared to its average volume of 23,187. The stock has a market capitalization of $16.99 million, a price-to-earnings ratio of -1.35 and a beta of 0.39. The company has a current ratio of 1.87, a quick ratio of 0.85 and a debt-to-equity ratio of 0.13. Natural Alternatives International has a one year low of $2.33 and a one year high of $4.96. The company has a fifty day simple moving average of $2.87 and a 200 day simple moving average of $3.17.

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