Zhongchao Inc. (NASDAQ:ZCMD – Get 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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