Zhongchao Inc. (NASDAQ:ZCMD) Short Interest Up 667.1% in December

Zhongchao Inc. (NASDAQ:ZCMD) was the recipient of a large increase in short interest in the month of December. As of December 31st, there was short interest totaling 162,112 shares, an increase of 667.1% from the December 15th total of 21,132 shares. Based on an average trading volume of 678,817 shares, the short-interest ratio is currently 0.2 days. Currently, 0.9% of the shares of the company are sold short. Currently, 0.9% of the shares of the company are sold short. Based on an average trading volume of 678,817 shares, the short-interest ratio is currently 0.2 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Zhongchao in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has an average rating of “Sell”.

Zhongchao Trading Up 0.5%

NASDAQ ZCMD traded up $0.00 on Monday, reaching $0.57. 12,476 shares of the company’s stock traded hands, compared to its average volume of 49,909. Zhongchao has a fifty-two week low of $0.35 and a fifty-two week high of $1.80. The stock has a 50 day moving average price of $0.59 and a 200-day moving average price of $0.86.

Zhongchao (NASDAQ:ZCMD) last released its quarterly earnings data on Monday, September 29th. The company reported ($0.02) earnings per share for the quarter. The business had revenue of $2.80 million during the quarter.

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. It also provides customized medical courses and medical training services; and patient management services through online platform under the Zhongxun brand.