Short Interest in Zhongchao Inc. (NASDAQ:ZCMD) Drops By 34.6%

Zhongchao Inc. (NASDAQ:ZCMD) saw a significant drop in short interest in December. As of December 31st, there was short interest totalling 14,900 shares, a drop of 34.6% from the December 15th total of 22,800 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 25,500 shares, the days-to-cover ratio is currently 0.6 days.

Zhongchao Trading Up 2.7 %

NASDAQ:ZCMD opened at $1.80 on Wednesday. Zhongchao has a one year low of $1.00 and a one year high of $5.10. The business’s 50-day simple moving average is $1.59 and its 200 day simple moving average is $1.49.

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.