Short Interest in Concord Medical Services Holdings Limited (NYSE:CCM) Increases By 18.8%

Concord Medical Services Holdings Limited (NYSE:CCM) saw a significant growth in short interest in the month of November. As of November 30th, there was short interest totalling 3,800 shares, a growth of 18.8% from the November 15th total of 3,200 shares. Based on an average daily volume of 7,300 shares, the short-interest ratio is presently 0.5 days. Approximately 0.2% of the shares of the company are sold short.

Concord Medical Services Trading Up 8.8 %

CCM stock traded up $0.40 during midday trading on Friday, reaching $4.95. The company had a trading volume of 2,339 shares, compared to its average volume of 15,974. The company has a quick ratio of 0.46, a current ratio of 0.47 and a debt-to-equity ratio of 1.15. Concord Medical Services has a 1 year low of $3.82 and a 1 year high of $26.70. The company has a 50 day moving average of $6.11 and a two-hundred day moving average of $6.93.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on Concord Medical Services in a report on Tuesday. They issued a “sell” rating for the company.

Concord Medical Services Company Profile

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