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

Healthy Choice Wellness Corp. (NYSEAMERICAN:HCWC) was the target of a significant decline in short interest during the month of March. As of March 31st, there was short interest totaling 556,238 shares, a decline of 27.5% from the March 15th total of 767,476 shares. Approximately 2.8% of the company’s stock are short sold. Based on an average daily trading volume, of 434,696 shares, the short-interest ratio is presently 1.3 days.

Healthy Choice Wellness Stock Performance

Shares of NYSEAMERICAN:HCWC traded up $0.00 during midday trading on Wednesday, reaching $0.27. The company had a trading volume of 426,117 shares, compared to its average volume of 290,990. The company has a quick ratio of 0.31, a current ratio of 0.79 and a debt-to-equity ratio of 0.86. The stock’s fifty day moving average price is $0.27 and its 200-day moving average price is $0.41. Healthy Choice Wellness has a one year low of $0.22 and a one year high of $0.98.

Healthy Choice Wellness (NYSEAMERICAN:HCWC) last issued its quarterly earnings results on Monday, March 16th. The company reported ($0.05) earnings per share (EPS) for the quarter. The company had revenue of $18.71 million during the quarter. Healthy Choice Wellness had a negative return on equity of 74.61% and a negative net margin of 5.03%.

Institutional Trading of Healthy Choice Wellness

A hedge fund recently raised its stake in Healthy Choice Wellness stock. Virtu Financial LLC increased its stake in Healthy Choice Wellness Corp. (NYSEAMERICAN:HCWC) by 303.7% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 59,195 shares of the company’s stock after buying an additional 44,533 shares during the period. Virtu Financial LLC owned about 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).