Zhongchao Inc. (NASDAQ:ZCMD – Get Free Report) was the recipient of a large growth in short interest in June. As of June 30th, there was short interest totaling 378,497 shares, a growth of 1,922.8% from the June 15th total of 18,712 shares. Based on an average trading volume of 3,228,918 shares, the days-to-cover ratio is presently 0.1 days. Currently, 45.9% of the company’s stock are short sold.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings upgraded shares of Zhongchao from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Monday, June 8th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has a consensus rating of “Sell”.
Read Our Latest Analysis on Zhongchao
Zhongchao Stock Up 0.5%
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.
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