Zhongchao Inc. (NASDAQ:ZCMD) Short Interest Up 610.1% in February

Zhongchao Inc. (NASDAQ:ZCMD) was the target of a large growth in short interest during the month of February. As of February 13th, there was short interest totaling 155,000 shares, a growth of 610.1% from the January 29th total of 21,827 shares. Based on an average daily volume of 8,954,725 shares, the short-interest ratio is currently 0.0 days. Currently, 0.9% of the company’s shares are sold short. Currently, 0.9% of the company’s shares are sold short. Based on an average daily volume of 8,954,725 shares, the short-interest ratio is currently 0.0 days.

Zhongchao Trading Down 10.7%

NASDAQ ZCMD opened at $0.21 on Friday. Zhongchao has a 12 month low of $0.18 and a 12 month high of $1.53. The stock has a 50-day simple moving average of $0.41 and a 200 day simple moving average of $0.69.

Shares of Zhongchao are set to reverse split on the morning of Monday, March 2nd. The 1-8 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Sunday, March 1st.

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

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.