Concord Medical Services Holdings Limited (NYSE:CCM) Short Interest Update

Concord Medical Services Holdings Limited (NYSE:CCM) was the target of a significant increase in short interest in February. As of February 28th, there was short interest totalling 6,300 shares, an increase of 110.0% from the February 13th total of 3,000 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily volume of 8,800 shares, the short-interest ratio is presently 0.7 days.

Concord Medical Services Trading Up 4.1 %

NYSE CCM opened at $4.36 on Friday. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.46 and a current ratio of 0.47. Concord Medical Services has a 1-year low of $3.82 and a 1-year high of $26.70. The stock’s 50 day simple moving average is $4.80 and its 200-day simple moving average is $5.51.

Analyst Ratings Changes

Separately, StockNews.com began coverage on shares of Concord Medical Services in a research report on Sunday. They set a “sell” rating for the company.

Concord Medical Services Company Profile

Concord Medical Services Holdings Limited, through its subsidiaries, operates a network of radiotherapy and diagnostic imaging centers in the People's Republic of China. It operates in two segments, Network and Hospital. The company's services include linear accelerators and external beam radiotherapy, proton therapy system, gamma knife radiosurgery, and diagnostic imaging services.