RAD shares currently have a short interest ratio of 6.0. A short interest ratio of 10 or greater indicates strong pessimism about a stock.

Rite Aid Corporation was founded in 1962 and is headquartered in Philadelphia, Pennsylvania. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. In addition, it offers its products through online retail site. This segment serves health plans, commercial employers, labor groups, and state and local governments. The Pharmacy Services segment provides integrated suite of pharmacy benefit management (PBM) offerings, including technology solutions, mail delivery services, specialty pharmacy, network and rebate administration, claims adjudication, and pharmacy discount programs, as well as drug benefits under the federal government's Medicare Part D program and insurance offerings for individuals and groups. Recent price changes and earnings estimate revisions indicate this would not be a good stock for momentum investors with a Momentum Score of D. It also operates retail pharmacies and clinics and offers healthcare services, including administering immunizations for COVID-19, the flu, shingles, and others assists its customers with high blood pressure, cholesterol, and diabetes provides guidance on combating obesity and tobacco addiction and educates customers on managing medications and potential side effects. The Retail Pharmacy segment sells prescription drugs and provides various other pharmacy services and an assortment of products comprising over-the-counter medications, health and beauty aids, personal care products, seasonal merchandise, cosmetics, household items, food and beverages, greeting cards, seasonal and seasonal merchandise, pet care, and a variety of other everyday and convenience products, as well as brand and generic prescription drugs and a private brand product line.

The company operates through two segments, Retail Pharmacy and Pharmacy Services. Rite Aid Corporation, through its subsidiaries, operates a chain of retail drugstores in the United States.

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