Short Interest in Healthy Choice Wellness Corp. (NYSEAMERICAN:HCWC) Rises By 216.5%

Healthy Choice Wellness Corp. (NYSEAMERICAN:HCWC) was the target of a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 2,088,903 shares, an increase of 216.5% from the July 30th total of 660,018 shares. Approximately 8.1% of the company’s shares are sold short. Based on an average daily volume of 73,281,675 shares, the short-interest ratio is currently 0.0 days.

Healthy Choice Wellness Trading Down 6.7%

NYSEAMERICAN HCWC traded down $0.02 during trading hours on Friday, hitting $0.24. 2,080,555 shares of the company’s stock were exchanged, compared to its average volume of 6,173,749. The business’s 50 day moving average is $0.22 and its 200-day moving average is $0.26. Healthy Choice Wellness has a 12-month low of $0.17 and a 12-month high of $0.98. The firm has a market capitalization of $7.83 million, a P/E ratio of -0.57 and a beta of 3.08. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.22 and a current ratio of 0.51.

Healthy Choice Wellness (NYSEAMERICAN:HCWC) last posted its quarterly earnings results on Friday, August 14th. The company reported ($0.11) EPS for the quarter. Healthy Choice Wellness had a negative net margin of 13.26% and a negative return on equity of 149.16%. The business had revenue of $16.61 million during the quarter.

Institutional Investors Weigh In On Healthy Choice Wellness

A hedge fund recently raised its position in Healthy Choice Wellness stock. Virtu Financial LLC raised its stake in shares of Healthy Choice Wellness Corp. (NYSEAMERICAN:HCWC) by 303.7% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 59,195 shares of the company’s stock after purchasing an additional 44,533 shares during the period. Virtu Financial LLC owned 0.39% of Healthy Choice Wellness worth $45,000 at the end of the most recent reporting period.

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).