Natural Alternatives International, Inc. (NASDAQ:NAII) Sees Significant Drop in Short Interest

Natural Alternatives International, Inc. (NASDAQ:NAII) was the recipient of a large decline in short interest in December. As of December 31st, there was short interest totaling 6,160 shares, a decline of 22.3% from the December 15th total of 7,931 shares. Based on an average daily volume of 15,212 shares, the short-interest ratio is presently 0.4 days. Approximately 0.1% of the company’s shares are sold short. Approximately 0.1% of the company’s shares are sold short. Based on an average daily volume of 15,212 shares, the short-interest ratio is presently 0.4 days.

Natural Alternatives International Stock Performance

Shares of NASDAQ NAII traded up $0.04 during mid-day trading on Tuesday, hitting $4.74. The company had a trading volume of 1,178 shares, compared to its average volume of 15,571. Natural Alternatives International has a 12 month low of $2.57 and a 12 month high of $4.96. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.92 and a quick ratio of 1.01. The firm has a market cap of $29.28 million, a P/E ratio of -2.38 and a beta of 0.28. The business’s 50-day simple moving average is $3.55 and its 200-day simple moving average is $3.37.

Natural Alternatives International (NASDAQ:NAII) last announced its quarterly earnings data on Wednesday, November 12th. The company reported ($0.05) EPS for the quarter. The firm had revenue of $37.73 million during the quarter. Natural Alternatives International had a negative return on equity of 7.75% and a negative net margin of 8.84%.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Natural Alternatives International in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has a consensus rating of “Sell”.

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.