Zhongchao Inc. (NASDAQ:ZCMD) Sees Significant Decrease in Short Interest

Zhongchao Inc. (NASDAQ:ZCMD) was the recipient of a large decline in short interest during the month of October. As of October 31st, there was short interest totalling 23,200 shares, a decline of 21.6% from the October 15th total of 29,600 shares. Based on an average daily volume of 718,800 shares, the days-to-cover ratio is currently 0.0 days. Currently, 1.5% of the company’s stock are short sold.

Zhongchao Stock Up 3.3 %

NASDAQ:ZCMD opened at $1.25 on Friday. Zhongchao has a twelve month low of $1.00 and a twelve month high of $9.90. The stock’s 50 day moving average price is $1.56 and its two-hundred day moving average price is $1.40.

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.