Zhongchao Inc. (NASDAQ:ZCMD) Sees Significant Decrease in Short Interest

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

Zhongchao Stock Performance

NASDAQ ZCMD opened at $1.25 on Friday. The stock’s 50 day moving average price is $1.56 and its two-hundred day moving average price is $1.40. Zhongchao has a 52 week low of $1.00 and a 52 week high of $9.90.

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.