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

Zhongchao Inc. (NASDAQ:ZCMD) was the target of a large increase in short interest in the month of December. As of December 15th, there was short interest totalling 22,800 shares, an increase of 41.6% from the November 30th total of 16,100 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 721,500 shares, the days-to-cover ratio is currently 0.0 days.

Zhongchao Trading Down 2.4 %

Shares of ZCMD opened at $1.65 on Monday. Zhongchao has a 52-week low of $1.00 and a 52-week high of $5.10. The company has a 50-day simple moving average of $1.50 and a 200-day simple moving average of $1.44.

About Zhongchao

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.