Natural Alternatives International, Inc. (NASDAQ:NAII) Short Interest Down 25.7% in February

Natural Alternatives International, Inc. (NASDAQ:NAII) was the target of a large drop in short interest in February. As of February 28th, there was short interest totalling 2,600 shares, a drop of 25.7% from the February 13th total of 3,500 shares. Based on an average daily volume of 6,300 shares, the short-interest ratio is presently 0.4 days. Approximately 0.1% of the company’s stock are sold short.

Hedge Funds Weigh In On Natural Alternatives International

Institutional investors and hedge funds have recently modified their holdings of the company. Citadel Advisors LLC purchased a new position in shares of Natural Alternatives International in the 4th quarter worth $61,000. Northern Trust Corp lifted its position in Natural Alternatives International by 54.3% during the fourth 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. Geode Capital Management LLC lifted its position in Natural Alternatives International by 6.9% during the third quarter. Geode Capital Management LLC now owns 45,062 shares of the company’s stock valued at $258,000 after purchasing an additional 2,915 shares in the last quarter. Mink Brook Asset Management LLC purchased a new position in Natural Alternatives International during the fourth quarter valued at $1,293,000. Finally, Dimensional Fund Advisors LP lifted its position 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 valued at $1,841,000 after purchasing an additional 2,371 shares in the last quarter. 32.40% of the stock is currently owned by hedge funds and other institutional investors.

Natural Alternatives International Stock Performance

NAII stock opened at $3.47 on Tuesday. The company has a market cap of $21.51 million, a P/E ratio of -2.69 and a beta of 0.60. Natural Alternatives International has a 1 year low of $3.27 and a 1 year high of $7.26. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.70 and a quick ratio of 1.50. The stock’s fifty day moving average price is $4.08 and its 200-day moving average price is $4.61.

Natural Alternatives International (NASDAQ:NAII) last released its quarterly earnings results on Friday, February 14th. The company reported ($0.37) earnings per share (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%.

Analysts Set New Price Targets

Separately, StockNews.com assumed coverage on Natural Alternatives International in a report on Tuesday. They issued a “buy” rating for the company.

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.