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

Healthy Choice Wellness Corp. (NYSEAMERICAN:HCWC) saw a significant 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 trading volume of 89,504 shares, the short-interest ratio is currently 0.5 days. Currently, 5.5% of the shares of the stock are sold short.

Institutional Investors Weigh In On Healthy Choice Wellness

An institutional investor recently raised its stake in Healthy Choice Wellness stock. Virtu Financial LLC boosted its holdings in Healthy Choice Wellness Corp. (NYSEAMERICAN:HCWC) by 303.7% during the 3rd quarter, according to its most recent disclosure 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 period. Virtu Financial LLC owned approximately 0.39% of Healthy Choice Wellness worth $45,000 as of its most recent SEC filing.

Healthy Choice Wellness Price Performance

Shares of HCWC traded up $1.15 during mid-day trading on Thursday, hitting $9.65. 117,866 shares of the company traded hands, compared to its average volume of 168,638. The company has a current ratio of 0.51, a quick ratio of 0.22 and a debt-to-equity ratio of 1.06. The stock has a market capitalization of $8.97 million, a price-to-earnings ratio of -0.66 and a beta of 3.24. The business has a 50-day moving average of $7.81 and a 200 day moving average of $8.85. Healthy Choice Wellness has a one year low of $5.96 and a one year high of $34.30.

Healthy Choice Wellness (NYSEAMERICAN:HCWC) last released its earnings results on Friday, August 14th. The company reported ($3.85) earnings per share for the quarter. The firm 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%.

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).