Wedbush Securities Inc. increased its position in shares of Natural Alternatives International, Inc. (NASDAQ:NAII) by 5.3% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 142,679 shares of the company’s stock after acquiring an additional 7,209 shares during the period. Wedbush Securities Inc. owned about 1.90% of Natural Alternatives International worth $1,641,000 at the end of the most recent reporting period.
Separately, Wells Fargo & Company MN grew its position in Natural Alternatives International by 7.5% during the 3rd quarter. Wells Fargo & Company MN now owns 279,050 shares of the company’s stock worth $2,735,000 after acquiring an additional 19,570 shares during the last quarter. 31.86% of the stock is currently owned by institutional investors and hedge funds.
NAII stock traded up $0.10 during midday trading on Thursday, reaching $12.90. 8,968 shares of the stock were exchanged, compared to its average volume of 11,637. The firm has a market capitalization of $97.01 million, a P/E ratio of 8.97 and a beta of 0.10. Natural Alternatives International, Inc. has a 52 week low of $8.73 and a 52 week high of $13.42.
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Natural Alternatives International Profile
Natural Alternatives International, Inc engages in formulating, manufacturing, and marketing nutritional supplements in the United States and internationally. It operates through two segments, Private-Label Contract Manufacturing, and Patent and Trademark Licensing. The company 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.
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