Natural Alternatives International, Inc. (NASDAQ:NAII) Short Interest Update

Natural Alternatives International, Inc. (NASDAQ:NAII) saw a significant increase in short interest in October. As of October 31st, there was short interest totalling 8,200 shares, an increase of 78.3% from the October 15th total of 4,600 shares. Based on an average daily trading volume, of 11,000 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.2% of the shares of the stock are short sold.

Natural Alternatives International Price Performance

Shares of NASDAQ:NAII traded up $0.12 during midday trading on Wednesday, reaching $4.43. The company’s stock had a trading volume of 4,999 shares, compared to its average volume of 6,495. Natural Alternatives International has a fifty-two week low of $4.13 and a fifty-two week high of $7.37. The company has a market capitalization of $27.47 million, a P/E ratio of -3.60 and a beta of 0.58. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.63 and a quick ratio of 1.59. The business’s fifty day simple moving average is $5.26 and its 200-day simple moving average is $5.75.

Natural Alternatives International (NASDAQ:NAII) last posted its quarterly earnings results on Friday, September 27th. The company reported ($0.32) earnings per share (EPS) for the quarter. The firm had revenue of $29.49 million during the quarter. Natural Alternatives International had a negative net margin of 6.34% and a negative return on equity of 8.47%.

Wall Street Analyst Weigh In

Separately, StockNews.com began coverage on Natural Alternatives International in a research note on Sunday. They issued a “buy” rating for the company.

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.