Concord Medical Services Holdings Limited (NYSE:CCM – Get Free Report) saw a significant increase in short interest during the month of February. As of February 28th, there was short interest totalling 6,300 shares, an increase of 110.0% from the February 13th total of 3,000 shares. Based on an average daily trading volume, of 8,800 shares, the short-interest ratio is currently 0.7 days. Approximately 0.3% of the shares of the stock are short sold.
Analysts Set New Price Targets
Separately, StockNews.com initiated coverage on Concord Medical Services in a research note on Saturday, March 8th. They issued a “sell” rating for the company.
View Our Latest Research Report on CCM
Concord Medical Services Trading Up 4.1 %
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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