Natural Alternatives International, Inc. (NASDAQ:NAII) Sees Large Decrease in Short Interest

Natural Alternatives International, Inc. (NASDAQ:NAII) was the target of a large decline in short interest in the month of December. As of December 15th, there was short interest totalling 4,900 shares, a decline of 50.5% from the November 30th total of 9,900 shares. Based on an average daily trading volume, of 11,600 shares, the short-interest ratio is presently 0.4 days. Currently, 0.1% of the shares of the company are short sold.

Natural Alternatives International Price Performance

Shares of NASDAQ:NAII traded down $0.06 during trading on Friday, reaching $4.25. 12,337 shares of the company traded hands, compared to its average volume of 6,830. The firm has a market capitalization of $26.35 million, a PE ratio of -2.95 and a beta of 0.60. Natural Alternatives International has a 52 week low of $4.02 and a 52 week high of $7.26. The company has a quick ratio of 1.50, a current ratio of 2.56 and a debt-to-equity ratio of 0.11. The company’s 50 day moving average is $4.42 and its two-hundred day moving average is $5.30.

Natural Alternatives International (NASDAQ:NAII) last posted its quarterly earnings data on Friday, September 27th. The company reported ($0.32) earnings per share for the quarter. The firm had revenue of $29.49 million for the quarter. Natural Alternatives International had a negative return on equity of 10.23% and a negative net margin of 7.53%.

Analysts Set New Price Targets

Separately, StockNews.com assumed coverage on Natural Alternatives International in a research note on Friday, December 20th. They set a “buy” rating on the stock.

Hedge Funds Weigh In On Natural Alternatives International

An institutional investor recently raised its position in Natural Alternatives International stock. Geode Capital Management LLC raised its position in shares of Natural Alternatives International, Inc. (NASDAQ:NAII) by 6.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 45,062 shares of the company’s stock after purchasing an additional 2,915 shares during the period. Geode Capital Management LLC owned approximately 0.73% of Natural Alternatives International worth $258,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 32.40% of the company’s stock.

Natural Alternatives International Company Profile

Natural Alternatives International, Inc engages in formulating, manufacturing, and marketing nutritional supplements in the United States, Europe, Australia, Asia, Mexico, and Canada. The company operates in two segments, Private-Label Contract Manufacturing, and Patent and Trademark Licensing. It offers private-label contract manufacturing services to companies that market and distribute vitamins, minerals, herbal, and other nutritional supplements, as well as other health care products.