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

Healthy Choice Wellness Corp. (NYSEAMERICAN:HCWC) saw 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 trading volume of 73,281,675 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Inflows and Outflows

A hedge fund recently raised its position in Healthy Choice Wellness stock. Virtu Financial LLC lifted its holdings in shares of Healthy Choice Wellness Corp. (NYSEAMERICAN:HCWC) by 303.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor 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.

Healthy Choice Wellness Trading Down 15.9%

Healthy Choice Wellness stock traded down $0.05 during mid-day trading on Thursday, hitting $0.26. 3,800,805 shares of the stock were exchanged, compared to its average volume of 6,186,407. The company has a quick ratio of 0.22, a current ratio of 0.51 and a debt-to-equity ratio of 1.06. Healthy Choice Wellness has a 12 month low of $0.17 and a 12 month high of $0.98. The firm’s fifty day simple moving average is $0.22 and its two-hundred day simple moving average is $0.26. The stock has a market capitalization of $8.34 million, a price-to-earnings ratio of -0.61 and a beta of 3.08.

Healthy Choice Wellness (NYSEAMERICAN:HCWC) last posted its quarterly earnings data 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 firm had revenue of ($0.02) million during the quarter.

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).