Natural Alternatives International, Inc. (NASDAQ:NAII) Short Interest Up 40.0% in October

Natural Alternatives International, Inc. (NASDAQ:NAII) was the recipient of a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 4,200 shares, a growth of 40.0% from the September 30th total of 3,000 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 10,200 shares, the short-interest ratio is currently 0.4 days. Based on an average trading volume of 10,200 shares, the short-interest ratio is currently 0.4 days. Currently, 0.1% of the shares of the stock are sold short.

Natural Alternatives International Stock Performance

Shares of Natural Alternatives International stock opened at $2.73 on Wednesday. Natural Alternatives International has a 52 week low of $2.57 and a 52 week high of $4.81. The business’s fifty day simple moving average is $3.04 and its 200-day simple moving average is $3.27. The firm has a market cap of $16.86 million, a PE ratio of -1.20 and a beta of 0.52. The company has a quick ratio of 1.19, a current ratio of 2.06 and a debt-to-equity ratio of 0.13.

Natural Alternatives International (NASDAQ:NAII) last announced its quarterly earnings results on Tuesday, September 23rd. The company reported ($1.21) EPS for the quarter. The business had revenue of $33.87 million during the quarter. Natural Alternatives International had a negative net margin of 10.45% and a negative return on equity of 9.69%.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Natural Alternatives International in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Natural Alternatives International presently has an average rating of “Sell”.

Institutional Investors Weigh In On Natural Alternatives International

A hedge fund recently bought a new stake in Natural Alternatives International stock. EP Wealth Advisors LLC acquired a new stake in Natural Alternatives International, Inc. (NASDAQ:NAII) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 14,000 shares of the company’s stock, valued at approximately $48,000. EP Wealth Advisors LLC owned 0.23% of Natural Alternatives International at the end of the most recent quarter. Institutional investors and hedge funds own 32.40% of the company’s stock.

About Natural Alternatives International

Natural Alternatives International, Inc engages in formulating, manufacturing, and marketing nutritional supplements in the United States, Europe, Australia, Asia, Mexico, and Canada. The company operates in two segments, Private-Label Contract Manufacturing, and Patent and Trademark Licensing. It 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.