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

Natural Alternatives International, Inc. (NASDAQ:NAII) was the target of a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 4,500 shares, an increase of 73.1% from the February 28th total of 2,600 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 6,900 shares, the short-interest ratio is currently 0.7 days.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Dimensional Fund Advisors LP grew its stake in Natural Alternatives International by 0.6% during the fourth quarter. Dimensional Fund Advisors LP now owns 429,043 shares of the company’s stock worth $1,841,000 after buying an additional 2,371 shares during the period. Mink Brook Asset Management LLC acquired a new position in shares of Natural Alternatives International during the 4th quarter valued at $1,293,000. Geode Capital Management LLC boosted its position in Natural Alternatives International by 6.9% during the 3rd quarter. Geode Capital Management LLC now owns 45,062 shares of the company’s stock worth $258,000 after purchasing an additional 2,915 shares during the period. Northern Trust Corp increased its holdings in Natural Alternatives International by 54.3% in the 4th quarter. Northern Trust Corp now owns 37,633 shares of the company’s stock valued at $162,000 after purchasing an additional 13,238 shares in the last quarter. Finally, Citadel Advisors LLC purchased a new position in Natural Alternatives International in the fourth quarter valued at about $61,000. Hedge funds and other institutional investors own 32.40% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com began coverage on shares of Natural Alternatives International in a report on Wednesday. They issued a “buy” rating for the company.

Natural Alternatives International Trading Up 1.4 %

Shares of NAII stock traded up $0.05 on Friday, reaching $3.50. 10,494 shares of the stock were exchanged, compared to its average volume of 7,277. Natural Alternatives International has a 1-year low of $3.27 and a 1-year high of $7.26. The stock has a market cap of $21.70 million, a P/E ratio of -2.71 and a beta of 0.60. The company has a quick ratio of 1.50, a current ratio of 2.70 and a debt-to-equity ratio of 0.11. The firm has a 50 day moving average of $3.96 and a two-hundred day moving average of $4.47.

Natural Alternatives International (NASDAQ:NAII) last released its quarterly earnings data on Friday, February 14th. The company reported ($0.37) EPS for the quarter. The firm had revenue of $34.08 million during the quarter. Natural Alternatives International had a negative return on equity of 9.36% and a negative net margin of 6.26%.

About Natural Alternatives International

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.