Zhongchao Inc. (NASDAQ:ZCMD) Short Interest Update

Zhongchao Inc. (NASDAQ:ZCMD) saw a significant growth in short interest during the month of December. As of December 31st, there was short interest totaling 162,112 shares, a growth 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 presently 0.2 days. Currently, 0.9% of the company’s stock are sold short. Currently, 0.9% of the company’s stock are sold short. Based on an average trading volume of 678,817 shares, the short-interest ratio is presently 0.2 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Zhongchao in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has an average rating of “Sell”.

Zhongchao Price Performance

Shares of ZCMD stock opened at $0.57 on Tuesday. Zhongchao has a 52-week low of $0.35 and a 52-week high of $1.80. The business has a 50-day simple moving average of $0.59 and a 200-day simple moving average of $0.86.

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