Concord Medical Services Holdings Limited (NYSE:CCM) Short Interest Up 225.0% in December

Concord Medical Services Holdings Limited (NYSE:CCM) was the recipient of a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 3,900 shares, a growth of 225.0% from the December 15th total of 1,200 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 8,900 shares, the days-to-cover ratio is currently 0.4 days.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on shares of Concord Medical Services in a report on Saturday. They set a “sell” rating for the company.

Concord Medical Services Stock Down 1.5 %

Shares of NYSE:CCM traded down $0.07 during midday trading on Wednesday, reaching $4.70. 4,755 shares of the company’s stock were exchanged, compared to its average volume of 28,128. Concord Medical Services has a 12 month low of $3.82 and a 12 month high of $26.70. The company has a debt-to-equity ratio of 1.15, a current ratio of 0.47 and a quick ratio of 0.46. The company’s 50 day simple moving average is $4.90 and its two-hundred day simple moving average is $6.46.

About Concord Medical Services

Concord Medical Services Holdings Limited, through its subsidiaries, operates a network of radiotherapy and diagnostic imaging centers in the People's Republic of China. It operates in two segments, Network and Hospital. The company's services include linear accelerators and external beam radiotherapy, proton therapy system, gamma knife radiosurgery, and diagnostic imaging services.