Healthy Choice Wellness Corp. (NYSEAMERICAN:HCWC) Sees Significant Drop in Short Interest

Healthy Choice Wellness Corp. (NYSEAMERICAN:HCWC) was the recipient of a large drop in short interest during the month of January. As of January 30th, there was short interest totaling 76,673 shares, a drop of 56.0% from the January 15th total of 174,441 shares. Based on an average daily volume of 185,895 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.6% of the shares of the company are short sold. Approximately 0.6% of the shares of the company are short sold. Based on an average daily volume of 185,895 shares, the days-to-cover ratio is presently 0.4 days.

Hedge Funds Weigh In On Healthy Choice Wellness

An institutional investor recently bought a new position in Healthy Choice Wellness stock. Cantor Fitzgerald L. P. purchased a new stake in Healthy Choice Wellness Corp. (NYSEAMERICAN:HCWC) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 300,000 shares of the company’s stock, valued at approximately $228,000. Cantor Fitzgerald L. P. owned 1.99% of Healthy Choice Wellness at the end of the most recent reporting period.

Healthy Choice Wellness Stock Performance

HCWC traded down $0.01 during trading on Friday, hitting $0.27. 134,838 shares of the company traded hands, compared to its average volume of 147,865. Healthy Choice Wellness has a one year low of $0.22 and a one year high of $0.98. The stock’s fifty day moving average is $0.31 and its 200 day moving average is $0.48. The company has a quick ratio of 0.53, a current ratio of 0.98 and a debt-to-equity ratio of 1.11. The firm has a market cap of $4.04 million, a P/E ratio of -1.12 and a beta of 3.67.

Healthy Choice Wellness (NYSEAMERICAN:HCWC) last posted its quarterly earnings results on Friday, October 17th. The company reported ($0.09) earnings per share for the quarter. The firm had revenue of $18.91 million for the quarter. Healthy Choice Wellness had a negative return on equity of 69.88% and a negative net margin of 3.57%.

About Healthy Choice Wellness

Healthy Choice Wellness Corp. is a holding company focused on providing consumers with healthier daily choices with respect to nutrition and other lifestyle alternatives. Through its wholly owned subsidiaries, the Company operates: . Ada’s Natural Market, a natural and organic grocery store offering fresh produce, bulk foods, vitamins and supplements, packaged groceries, meat and seafood, deli, baked goods, dairy products, frozen foods, health & beauty products and natural household items (www.Adasmarket.com).