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

Zhongchao Inc. (NASDAQ:ZCMD – Get Rating) was the recipient of a large decrease in short interest in April. As of April 30th, there was short interest totalling 92,500 shares, a decrease of 45.2% from the April 15th total of 168,700 shares. Approximately 0.6% of the company’s stock are short sold. Based on an average trading volume of 74,100 shares, the days-to-cover ratio is presently 1.2 days.

NASDAQ ZCMD opened at $1.14 on Friday. Zhongchao has a 1 year low of $1.05 and a 1 year high of $2.12. The company has a fifty day moving average price of $1.34 and a 200-day moving average price of $1.62.

About Zhongchao (Get Rating)

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.

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