Zhongchao Inc. (NASDAQ:ZCMD) Short Interest Up 610.1% in February

Zhongchao Inc. (NASDAQ:ZCMD) saw a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 155,000 shares, an increase of 610.1% from the January 29th total of 21,827 shares. Based on an average daily volume of 8,954,725 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.9% of the company’s shares are short sold. Approximately 0.9% of the company’s shares are short sold. Based on an average daily volume of 8,954,725 shares, the days-to-cover ratio is currently 0.0 days.

Zhongchao Trading Up 4.7%

Shares of NASDAQ:ZCMD opened at $0.24 on Thursday. Zhongchao has a 52 week low of $0.18 and a 52 week high of $1.53. The firm’s fifty day moving average is $0.42 and its 200-day moving average is $0.70.

Zhongchao (NASDAQ:ZCMD) last posted its quarterly earnings results on Monday, September 29th. The company reported ($0.02) earnings per share (EPS) for the quarter. The business had revenue of $2.80 million during the quarter.

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. It also provides customized medical courses and medical training services; and patient management services through online platform under the Zhongxun brand.