Healthy Choice Wellness Corp. (NYSEAMERICAN:HCWC) Short Interest Update

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

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Healthy Choice Wellness stock. Virtu Financial LLC boosted its holdings in shares of Healthy Choice Wellness Corp. (NYSEAMERICAN:HCWC) by 303.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 59,195 shares of the company’s stock after purchasing an additional 44,533 shares during the period. Virtu Financial LLC owned about 0.39% of Healthy Choice Wellness worth $45,000 as of its most recent SEC filing.

Healthy Choice Wellness Stock Up 2.7%

HCWC stock opened at $0.28 on Friday. Healthy Choice Wellness has a twelve month low of $0.22 and a twelve month high of $0.98. The company has a market cap of $6.26 million, a PE ratio of -1.15 and a beta of 3.10. The business’s 50-day simple moving average is $0.27 and its 200 day simple moving average is $0.41. The company has a quick ratio of 0.31, a current ratio of 0.79 and a debt-to-equity ratio of 0.86.

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

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).