Zhongchao Inc. (NASDAQ:ZCMD) Sees Large Decline in Short Interest

Zhongchao Inc. (NASDAQ:ZCMDGet Free Report) was the target of a significant drop in short interest in January. As of January 15th, there was short interest totalling 14,900 shares, a drop of 34.6% from the December 31st total of 22,800 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average trading volume of 25,500 shares, the short-interest ratio is presently 0.6 days.

Zhongchao Price Performance

Shares of Zhongchao stock opened at $1.41 on Friday. The business has a 50-day simple moving average of $1.64 and a 200-day simple moving average of $1.50. Zhongchao has a one year low of $1.00 and a one year high of $5.10.

About Zhongchao

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Zhongchao Inc provides healthcare information, education, and training services in the People's Republic of China. The company offers online and onsite health information services, healthcare education programs, and healthcare training products, including clinical practice training, open classes of popular medical topics, interactive case studies, academic conference and workshops, continuing education courses, and articles and short videos with educational healthcare content.

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