Short Interest in Healthy Choice Wellness Corp. (NYSEAMERICAN:HCWC) Drops By 98.0%

Healthy Choice Wellness Corp. (NYSEAMERICAN:HCWC) was the target of a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 40,779 shares, a decline of 98.0% from the August 15th total of 2,088,903 shares. Based on an average daily volume of 89,504 shares, the short-interest ratio is presently 0.5 days. Approximately 5.5% of the shares of the company are short sold.

Healthy Choice Wellness Stock Performance

Shares of HCWC traded up $0.73 during mid-day trading on Friday, hitting $10.38. The company’s stock had a trading volume of 68,568 shares, compared to its average volume of 173,539. 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 has a one year low of $5.96 and a one year high of $34.30. The stock’s 50-day moving average is $7.81 and its two-hundred day moving average is $8.85. The firm has a market capitalization of $9.66 million, a PE ratio of -0.71 and a beta of 3.24.

Healthy Choice Wellness (NYSEAMERICAN:HCWC) last posted its quarterly earnings data on Friday, August 14th. The company reported ($3.85) earnings per share (EPS) for the quarter. The company had revenue of $16.61 million for the quarter. Healthy Choice Wellness had a negative return on equity of 149.16% and a negative net margin of 13.26%.

Hedge Funds Weigh In On Healthy Choice Wellness

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

Healthy Choice Wellness Company Profile

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).