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

Zhongchao Inc. (NASDAQ:ZCMD) saw a large drop in short interest during the month of 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. Based on an average daily volume of 25,500 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.1% of the shares of the company are sold short.

Zhongchao Price Performance

Shares of ZCMD opened at $1.41 on Friday. Zhongchao has a 1 year low of $1.00 and a 1 year high of $5.10. The company’s fifty day moving average is $1.64 and its two-hundred day moving average is $1.50.

Zhongchao Company Profile

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.