Healthy Choice Wellness Corp. (NYSEAMERICAN:HCWC) Stock Short Interest Rises 85.5%

by · The Markets Daily

Healthy Choice Wellness Corp. (NYSEAMERICAN:HCWC – Get Free Report) was the recipient of a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 75,656 shares, an increase of 85.5% from the August 31st total of 40,779 shares. Based on an average daily volume of 89,641 shares, the days-to-cover ratio is presently 0.8 days. Approximately 10.3% of the shares of the company are sold short.

Healthy Choice Wellness Stock Performance

Shares of HCWC traded up $0.01 during trading hours on Tuesday, hitting $11.34. The company had a trading volume of 165,924 shares, compared to its average volume of 119,563. The firm has a market cap of $10.54 million, a price-to-earnings ratio of -0.77 and a beta of 3.24. The business has a fifty day moving average of $8.88 and a 200-day moving average of $8.93. Healthy Choice Wellness has a 12 month low of $5.96 and a 12 month high of $33.95. 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 (NYSEAMERICAN:HCWC – Get Free Report) last posted its earnings results on Friday, August 14th. The company reported ($3.85) earnings per share (EPS) for the quarter. Healthy Choice Wellness had a negative return on equity of 149.16% and a negative net margin of 13.26%.The company had revenue of $16.61 million for the quarter.

Healthy Choice Wellness Company Profile

(Get Free Report)

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).

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