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

Natural Alternatives International, Inc. (NASDAQ:NAII) saw a significant 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. Currently, 0.3% of the shares of the stock are sold short. Based on an average trading volume of 12,539 shares, the days-to-cover ratio is currently 1.0 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings raised Natural Alternatives International from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Natural Alternatives International Trading Up 1.4%

Shares of NASDAQ NAII traded up $0.02 during midday trading on Wednesday, reaching $1.49. 60,129 shares of the stock were exchanged, compared to its average volume of 16,751. Natural Alternatives International has a 12 month low of $1.28 and a 12 month high of $4.96. The company has a market capitalization of $9.33 million, a price-to-earnings ratio of -0.44 and a beta of 0.36. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.73 and a quick ratio of 0.87. The business has a 50-day simple moving average of $2.08 and a two-hundred day simple moving average of $2.40.

Natural Alternatives International (NASDAQ:NAII) last released its quarterly earnings results on Monday, September 28th. The company reported ($0.52) earnings per share for the quarter. The company 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

A hedge fund recently raised its position in Natural Alternatives International stock. Integrated Wealth Concepts LLC boosted its stake in shares of Natural Alternatives International, Inc. (NASDAQ:NAII) by 267.4% in the 2nd quarter, according to its most recent Form 13F filing with the 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 as of its most recent filing with the SEC. Institutional investors and hedge funds own 32.40% of the company’s stock.

Natural Alternatives International Company Profile

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.