Natural Alternatives International, Inc. (NASDAQ:NAII) Stock Short Interest Falls 37.4%

Natural Alternatives International, Inc. (NASDAQ:NAII – Get Free Report) was the target of a large decrease in short interest in October. As of October 15th, there was short interest totaling 4,296 shares, a decrease of 37.4% from the September 30th total of 6,864 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 34,683 shares, the short-interest ratio is presently 0.1 days.

Hedge Funds Weigh In On Natural Alternatives International

A hedge fund recently raised its stake in Natural Alternatives International stock. Integrated Wealth Concepts LLC grew its stake in Natural Alternatives International, Inc. (NASDAQ:NAII – Free Report) by 267.4% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 44,093 shares of the company’s stock after acquiring an additional 32,093 shares during the period. Integrated Wealth Concepts LLC owned about 0.70% of Natural Alternatives International worth $105,000 as of its most recent filing with the SEC. 32.40% of the stock is currently owned by institutional investors and hedge funds.

Natural Alternatives International Stock Down 0.9%

NAII stock opened at $1.06 on Wednesday. The company has a market capitalization of $6.64 million, a P/E ratio of -0.31 and a beta of 0.42. Natural Alternatives International has a 12 month low of $1.06 and a 12 month high of $4.96. The firm’s fifty day simple moving average is $1.59 and its 200-day simple moving average is $2.44. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.73 and a quick ratio of 0.92.

Natural Alternatives International (NASDAQ:NAII – Get Free Report) last issued its earnings results on Monday, September 28th. The company reported ($0.52) earnings per share (EPS) for the quarter. Natural Alternatives International had a negative return on equity of 16.51% and a negative net margin of 14.52%. The business had revenue of $34.51 million for the quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings downgraded shares of Natural Alternatives International from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Wednesday, October 14th. One equities research analyst has rated the stock with a Sell rating. According to MarketBeat.com, the company has an average rating of “Sell”.

Read Our Latest Analysis on NAII

About Natural Alternatives International

(Get Free Report)

Natural Alternatives International, Inc is a contract manufacturer and developer of nutritional supplements. The company provides formulation, product development, sourcing, manufacturing, packaging and related services for customers in the dietary supplement, sports nutrition and health and wellness markets.

NAI produces a broad range of supplement formats and custom products, including vitamins, minerals, herbs, amino acids, protein-based products, tablets, capsules and powders. The company also develops and commercializes branded ingredients, including CarnoSyn beta-alanine, which is used in sports nutrition and performance-oriented formulations.

Founded in 1980, Natural Alternatives International serves customers in the United States and international markets through its manufacturing and product-development operations.

Further Reading

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