Zhongchao Inc. (NASDAQ:ZCMD) Short Interest Down 77.6% in March

Zhongchao Inc. (NASDAQ:ZCMD) saw a large drop in short interest during the month of March. As of March 13th, there was short interest totaling 32,299 shares, a drop of 77.6% from the February 26th total of 143,892 shares. Based on an average daily volume of 26,653 shares, the short-interest ratio is presently 1.2 days. Approximately 1.4% of the shares of the stock are sold short. Approximately 1.4% of the shares of the stock are sold short. Based on an average daily volume of 26,653 shares, the short-interest ratio is presently 1.2 days.

Zhongchao Stock Performance

Shares of ZCMD stock opened at $1.81 on Wednesday. The business has a fifty day simple moving average of $2.38 and a 200 day simple moving average of $4.74. Zhongchao has a twelve month low of $1.44 and a twelve month high of $12.18.

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