Natural Alternatives International, Inc. (NASDAQ:NAII) Shares Shorted: Short Interest Up 79.6% in September

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 presently 1.0 days. Approximately 0.3% of the company’s shares are short sold.

Natural Alternatives International Stock Up 10.1%

Shares of NAII stock traded up $0.15 on Thursday, hitting $1.64. The stock had a trading volume of 1,369 shares, compared to its average volume of 28,292. The stock’s 50 day moving average is $2.08 and its 200-day moving average is $2.40. The firm has a market capitalization of $10.29 million, a price-to-earnings ratio of -0.48 and a beta of 0.36. Natural Alternatives International has a 52-week low of $1.28 and a 52-week high of $4.96. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.87 and a current ratio of 1.73.

Natural Alternatives International (NASDAQ:NAII) last released its quarterly 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 firm had revenue of $34.51 million for the quarter.

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. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has an average rating of “Sell”.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Natural Alternatives International stock. Integrated Wealth Concepts LLC boosted its holdings in shares of Natural Alternatives International, Inc. (NASDAQ:NAII) by 267.4% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 44,093 shares of the company’s stock after purchasing an additional 32,093 shares during the quarter. Integrated Wealth Concepts LLC owned approximately 0.70% of Natural Alternatives International worth $105,000 at the end of the most recent quarter. 32.40% of the stock is owned by institutional investors and hedge funds.

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.