Natural Alternatives International, Inc. (NASDAQ:NAII) Stock Short Interest Report for September

Natural Alternatives International, Inc. (NASDAQ:NAII) was the target of a large decline in short interest in the month of September. As of September 30th, there was short interest totaling 6,864 shares, a decline of 47.8% from the September 15th total of 13,142 shares. Based on an average daily volume of 24,141 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.1% of the shares of the company are short sold.

Institutional Investors Weigh In On Natural Alternatives International

An institutional investor recently raised its position in Natural Alternatives International stock. Integrated Wealth Concepts LLC lifted its position in Natural Alternatives International, Inc. (NASDAQ:NAII) by 267.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (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 approximately 0.70% of Natural Alternatives International worth $105,000 at the end of the most recent quarter. 32.40% of the stock is owned by institutional investors and hedge funds.

Natural Alternatives International Stock Down 2.2%

NASDAQ NAII traded down $0.03 during trading on Wednesday, hitting $1.12. 30,113 shares of the company traded hands, compared to its average volume of 29,501. The company has a market capitalization of $7.04 million, a P/E ratio of -0.33 and a beta of 0.35. The business has a fifty day simple moving average of $1.90 and a 200 day simple moving average of $2.31. Natural Alternatives International has a 12 month low of $1.11 and a 12 month high of $4.96. The company has a current ratio of 1.73, a quick ratio of 0.92 and a debt-to-equity ratio of 0.20.

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

Analyst Ratings Changes

Separately, Weiss Ratings upgraded Natural Alternatives International from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Tuesday, September 29th. One research analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the stock has a consensus rating of “Sell”.

Natural Alternatives International Company Profile

Natural Alternatives International, Inc (NASDAQ: NAII) is a contract manufacturer and developer of nutritional supplements. The company provides research, product formulation, manufacturing, packaging and related services for dietary supplement and sports nutrition companies, producing products such as capsules, tablets, powders and other specialized supplement formats.

NAI also develops and markets branded ingredients and supplement products. Its portfolio has included CarnoSyn beta-alanine, an ingredient used in sports nutrition products, and Kre-Alkalyn, a buffered creatine formulation.