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

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

Wall Street Analyst Weigh In

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

Natural Alternatives International Price Performance

Natural Alternatives International stock remained flat at $1.07 during midday trading on Monday. 14,500 shares of the company traded hands, compared to its average volume of 28,045. Natural Alternatives International has a 12-month low of $1.07 and a 12-month high of $4.96. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.92 and a current ratio of 1.73. The stock has a market cap of $6.70 million, a price-to-earnings ratio of -0.31 and a beta of 0.42. The company has a 50-day simple moving average of $1.63 and a 200 day simple moving average of $2.47.

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

Institutional Inflows and Outflows

An institutional investor recently raised its position in Natural Alternatives International stock. Integrated Wealth Concepts LLC raised its holdings in shares of Natural Alternatives International, Inc. (NASDAQ:NAII) by 267.4% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 44,093 shares of the company’s stock after purchasing an additional 32,093 shares during the quarter. Integrated Wealth Concepts LLC owned 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.

About Natural Alternatives International

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.