Short Interest in Zhongchao Inc. (NASDAQ:ZCMD) Declines By 31.7%

Zhongchao Inc. (NASDAQ:ZCMD) was the target of a large drop in short interest in May. As of May 31st, there was short interest totalling 44,400 shares, a drop of 31.7% from the May 15th total of 65,000 shares. Currently, 2.8% of the shares of the stock are short sold. Based on an average trading volume of 894,000 shares, the short-interest ratio is currently 0.0 days.

Zhongchao Stock Down 0.8 %

Shares of ZCMD stock opened at $1.19 on Friday. Zhongchao has a fifty-two week low of $1.01 and a fifty-two week high of $13.00. The stock’s fifty day moving average price is $1.44 and its two-hundred day moving average price is $2.88.

About Zhongchao

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.