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 in 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. Approximately 0.9% of the shares of the company are sold short. Based on an average daily volume of 8,954,725 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily volume of 8,954,725 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.9% of the shares of the company are sold short.

Zhongchao Stock Performance

Shares of ZCMD traded up $0.01 during trading hours on Wednesday, hitting $0.24. The stock had a trading volume of 156,314 shares, compared to its average volume of 4,589,396. The firm has a 50-day moving average price of $0.42 and a 200 day moving average price of $0.70. Zhongchao has a fifty-two week low of $0.18 and a fifty-two week high of $1.53.

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 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.