Zhongchao Inc. (NASDAQ:ZCMD) Short Interest Down 21.6% in October

Zhongchao Inc. (NASDAQ:ZCMD) was the target of a large drop in short interest in the month of October. As of October 31st, there was short interest totalling 23,200 shares, a drop of 21.6% from the October 15th total of 29,600 shares. Based on an average trading volume of 718,800 shares, the days-to-cover ratio is presently 0.0 days. Currently, 1.5% of the company’s stock are sold short.

Zhongchao Price Performance

ZCMD stock opened at $1.20 on Friday. Zhongchao has a one year low of $1.00 and a one year high of $9.90. The firm has a 50-day simple moving average of $1.56 and a two-hundred day simple moving average of $1.40.

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.