Natural Alternatives International, Inc. (NASDAQ:NAII) Sees Significant Drop in Short Interest

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

Wall Street Analysts Forecast Growth

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

Institutional Investors Weigh In On Natural Alternatives International

An institutional investor recently raised its stake in Natural Alternatives International stock. Integrated Wealth Concepts LLC raised its stake in Natural Alternatives International, Inc. (NASDAQ:NAII) by 267.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 44,093 shares of the company’s stock after purchasing an additional 32,093 shares during the period. Integrated Wealth Concepts LLC owned 0.70% of Natural Alternatives International worth $105,000 at the end of the most recent quarter. Institutional investors and hedge funds own 32.40% of the company’s stock.

Natural Alternatives International Stock Down 2.2%

NAII stock traded down $0.03 during mid-day trading on Wednesday, reaching $1.12. The company had a trading volume of 30,113 shares, compared to its average volume of 29,501. The company has a market capitalization of $7.04 million, a price-to-earnings ratio of -0.33 and a beta of 0.35. Natural Alternatives International has a 52 week low of $1.11 and a 52 week high of $4.96. The stock has a 50 day simple moving average of $1.90 and a two-hundred day simple moving average of $2.31. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.73 and a quick ratio of 0.92.

Natural Alternatives International (NASDAQ:NAII) last issued 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 net margin of 14.52% and a negative return on equity of 16.51%. The firm had revenue of $34.51 million during the quarter.

About Natural Alternatives International

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.