Short Interest in Zhongchao Inc. (NASDAQ:ZCMD) Declines By 32.3%

Zhongchao Inc. (NASDAQ:ZCMD) saw a large decline in short interest during the month of August. As of August 31st, there was short interest totalling 49,800 shares, a decline of 32.3% from the August 15th total of 73,600 shares. Based on an average trading volume of 444,400 shares, the short-interest ratio is presently 0.1 days. Approximately 3.1% of the company’s shares are sold short.

Zhongchao Stock Performance

ZCMD opened at $1.27 on Friday. Zhongchao has a 12 month low of $1.00 and a 12 month high of $11.70. The company has a fifty day simple moving average of $1.29 and a 200 day simple moving average of $1.48.

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.