Zhongchao Inc. (NASDAQ:ZCMD) Short Interest Down 26.5% in January

Zhongchao Inc. (NASDAQ:ZCMD) saw a significant drop in short interest during the month of January. As of January 30th, there was short interest totaling 21,827 shares, a drop of 26.5% from the January 15th total of 29,682 shares. Based on an average daily trading volume, of 22,579 shares, the days-to-cover ratio is presently 1.0 days. Approximately 0.1% of the company’s stock are short sold. Approximately 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 22,579 shares, the days-to-cover ratio is presently 1.0 days.

Zhongchao Stock Performance

Shares of ZCMD stock opened at $0.21 on Friday. Zhongchao has a fifty-two week low of $0.19 and a fifty-two week high of $1.59. The stock’s 50-day simple moving average is $0.48 and its 200-day simple moving average is $0.74.

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