Concord Medical Services Holdings Limited (NYSE:CCM – Get Free Report) was the target of a large growth in short interest during the month of February. As of February 28th, there was short interest totalling 6,300 shares, a growth of 110.0% from the February 13th total of 3,000 shares. Based on an average trading volume of 8,800 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.3% of the company’s shares are short sold.
Analyst Upgrades and Downgrades
Separately, StockNews.com started coverage on shares of Concord Medical Services in a research report on Sunday. They set a “sell” rating on the stock.
Read Our Latest Stock Analysis on CCM
Concord Medical Services Stock Performance
About Concord Medical Services
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.
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