Concord Medical Services Holdings Limited (NYSE:CCM) Short Interest Up 218.2% in March

Concord Medical Services Holdings Limited (NYSE:CCM) was the target of a large growth in short interest in March. As of March 15th, there was short interest totalling 7,000 shares, a growth of 218.2% from the February 29th total of 2,200 shares. Based on an average daily volume of 7,600 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.0% of the company’s stock are sold short.

Concord Medical Services Price Performance

NYSE:CCM traded up $0.01 during midday trading on Thursday, hitting $0.60. 5,941 shares of the company were exchanged, compared to its average volume of 9,402. The company has a fifty day simple moving average of $0.65 and a 200 day simple moving average of $0.96. Concord Medical Services has a fifty-two week low of $0.38 and a fifty-two week high of $1.60. The company has a debt-to-equity ratio of 1.09, a current ratio of 0.64 and a quick ratio of 0.60.

Concord Medical Services Company Profile

Concord Medical Services Holdings Limited, together its subsidiaries, operates a network of radiotherapy and diagnostic imaging centers in the People's Republic of China. The company operates in two segments, Network and Hospital. Its services include linear accelerators and external beam radiotherapy, proton therapy system, gamma knife radiosurgery, head gamma knife system, and diagnostic imaging services.