Short Interest in Zhongchao Inc. (NASDAQ:ZCMD) Decreases By 13.5%

Zhongchao Inc. (NASDAQ:ZCMD) saw a significant decrease in short interest in March. As of March 31st, there was short interest totaling 27,939 shares, a decrease of 13.5% from the March 15th total of 32,299 shares. Currently, 1.0% of the shares of the company are sold short. Based on an average trading volume of 20,458 shares, the short-interest ratio is currently 1.4 days.

Zhongchao Stock Up 3.4%

ZCMD stock opened at $2.10 on Friday. The business has a 50 day moving average of $1.80 and a 200-day moving average of $3.97. Zhongchao has a 12-month low of $1.44 and a 12-month high of $12.18.

Zhongchao (NASDAQ:ZCMD) last announced its quarterly earnings data on Friday, April 3rd. The company reported ($0.76) earnings per share for the quarter. The business had revenue of $2.89 million during 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.