Zhongchao Inc. (NASDAQ:ZCMD – Get Free Report) saw a significant decline in short interest in the month of October. As of October 31st, there was short interest totalling 23,200 shares, a decline of 21.6% from the October 15th total of 29,600 shares. Based on an average daily trading volume, of 718,800 shares, the days-to-cover ratio is presently 0.0 days. Currently, 1.5% of the company’s shares are sold short.
Zhongchao Stock Performance
Shares of ZCMD stock opened at $1.20 on Friday. The company’s 50-day simple moving average is $1.55 and its two-hundred day simple moving average is $1.39. Zhongchao has a one year low of $1.00 and a one year high of $9.90.
About Zhongchao
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