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

Natural Alternatives International, Inc. (NASDAQ:NAII) was the target of a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 13,142 shares, an increase of 79.6% from the August 31st total of 7,317 shares. Based on an average trading volume of 12,539 shares, the short-interest ratio is currently 1.0 days. Currently, 0.3% of the shares of the company are short sold.

Natural Alternatives International Stock Performance

Shares of NASDAQ:NAII traded down $0.23 during trading on Tuesday, reaching $1.47. 90,102 shares of the stock were exchanged, compared to its average volume of 28,270. Natural Alternatives International has a 12 month low of $1.28 and a 12 month high of $4.96. The firm has a market cap of $9.23 million, a PE ratio of -0.62 and a beta of 0.36. The stock has a 50-day moving average price of $2.12 and a 200-day moving average price of $2.41. The company has a current ratio of 1.64, a quick ratio of 0.87 and a debt-to-equity ratio of 0.13.

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 firm had revenue of $34.51 million for the quarter. Natural Alternatives International had a negative return on equity of 12.21% and a negative net margin of 10.13%.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Natural Alternatives International in a research report on Friday, August 21st. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has a consensus rating of “Sell”.

Institutional Investors Weigh In On Natural Alternatives International

A hedge fund recently raised its stake in Natural Alternatives International stock. Integrated Wealth Concepts LLC lifted its holdings in shares of Natural Alternatives International, Inc. (NASDAQ:NAII) by 267.4% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm 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 as of its most recent SEC filing. 32.40% of the stock is currently owned by institutional investors and hedge funds.

About Natural Alternatives International

Natural Alternatives International, Inc (NASDAQ: NAII) is a developer and manufacturer of nutritional supplements and specialty ingredients. The company provides contract manufacturing services for dietary supplement and sports nutrition companies, producing products such as capsules, tablets, powders, liquids and other formulated nutritional products.

NAI also develops and licenses branded ingredients, including CarnoSyn beta-alanine, which is used in sports nutrition and performance-oriented products.