Concord Medical Services Holdings Limited (NYSE:CCM) Short Interest Up 18.8% in November

Concord Medical Services Holdings Limited (NYSE:CCM) was the recipient of a large growth in short interest during 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 currently 0.5 days. Currently, 0.2% of the company’s shares are short sold.

Concord Medical Services Trading Up 8.8 %

Concord Medical Services stock opened at $4.95 on Monday. Concord Medical Services has a fifty-two week low of $3.82 and a fifty-two week high of $26.70. The company has a current ratio of 0.47, a quick ratio of 0.46 and a debt-to-equity ratio of 1.15. The firm has a 50 day moving average price of $6.11 and a 200 day moving average price of $6.94.

Wall Street Analysts Forecast Growth

Separately, StockNews.com began coverage on shares of Concord Medical Services in a report on Tuesday, December 10th. They issued a “sell” rating for the company.

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.