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

Zhongchao Inc. (NASDAQ:ZCMD) was the recipient of 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. Approximately 3.1% of the company’s shares are short sold. Based on an average daily volume of 444,400 shares, the short-interest ratio is currently 0.1 days.

Zhongchao Stock Performance

ZCMD stock opened at $1.27 on Friday. The company has a 50 day moving average price of $1.29 and a 200 day moving average price of $1.48. Zhongchao has a fifty-two week low of $1.00 and a fifty-two week high of $11.70.

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.