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

Natural Alternatives International, Inc. (NASDAQ:NAII) was the recipient of a significant decline in short interest in the month of 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. Based on an average daily volume of 34,683 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the company’s shares are sold short.

Wall Street Analysts Forecast Growth

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 investment analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the stock has an average rating of “Sell”.

Natural Alternatives International Price Performance

Shares of NASDAQ NAII remained flat at $1.07 during midday trading on Monday. The stock had a trading volume of 14,500 shares, compared to its average volume of 28,045. The company has a market cap of $6.70 million, a P/E ratio of -0.31 and a beta of 0.42. Natural Alternatives International has a fifty-two week low of $1.07 and a fifty-two week high of $4.96. The company has a quick ratio of 0.92, a current ratio of 1.73 and a debt-to-equity ratio of 0.20. The business has a fifty day moving average of $1.63 and a two-hundred day moving average of $2.47.

Natural Alternatives International (NASDAQ:NAII) last posted 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.

Institutional Investors 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 shares of Natural Alternatives International, Inc. (NASDAQ:NAII) by 267.4% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). 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. Hedge funds and other institutional investors own 32.40% of the company’s stock.

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.