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

Natural Alternatives International, Inc. (NASDAQ:NAII) was the target of a significant decrease in short interest in the month of April. As of April 15th, there was short interest totalling 11,600 shares, a decrease of 17.1% from the March 31st total of 14,000 shares. Based on an average daily volume of 5,500 shares, the short-interest ratio is presently 2.1 days. Currently, 0.2% of the company’s shares are sold short.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. StockNews.com initiated coverage on Natural Alternatives International in a research report on Wednesday, April 24th. They issued a “buy” rating for the company. TheStreet downgraded shares of Natural Alternatives International from a “c” rating to a “d” rating in a report on Tuesday, February 13th.

Natural Alternatives International Trading Down 0.3 %

NAII stock traded down $0.02 during midday trading on Monday, reaching $6.23. The company’s stock had a trading volume of 5,071 shares, compared to its average volume of 5,212. The firm has a market capitalization of $37.94 million, a price-to-earnings ratio of -8.93 and a beta of 0.58. Natural Alternatives International has a 1 year low of $5.06 and a 1 year high of $8.87. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.59 and a current ratio of 4.06. The stock has a fifty day simple moving average of $6.20 and a two-hundred day simple moving average of $6.24.

Natural Alternatives International (NASDAQ:NAII) last announced its quarterly earnings data on Tuesday, February 13th. The company reported ($0.52) earnings per share for the quarter. The company had revenue of $25.20 million for the quarter. Natural Alternatives International had a negative net margin of 3.22% and a negative return on equity of 4.70%.

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.