Short Interest in Zhongchao Inc. (NASDAQ:ZCMD) Declines By 66.9%

Zhongchao Inc. (NASDAQ:ZCMD) was the recipient of a significant drop in short interest during the month of January. As of January 31st, there was short interest totalling 4,100 shares, a drop of 66.9% from the January 15th total of 12,400 shares. Based on an average daily volume of 13,800 shares, the short-interest ratio is currently 0.3 days.

Zhongchao Price Performance

Shares of ZCMD stock traded up $0.02 during trading hours on Wednesday, hitting $1.42. 1,786 shares of the company’s stock traded hands, compared to its average volume of 5,848. The stock’s fifty day simple moving average is $1.68 and its two-hundred day simple moving average is $1.52. Zhongchao has a 12-month low of $1.00 and a 12-month high of $5.10.

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.