Short Interest in CareCloud, Inc. (NASDAQ:CCLDO) Declines By 96.2%

CareCloud, Inc. (NASDAQ:CCLDO) saw a large decline in short interest in February. As of February 15th, there was short interest totalling 100 shares, a decline of 96.2% from the January 31st total of 2,600 shares. Based on an average daily volume of 7,900 shares, the short-interest ratio is currently 0.0 days.

CareCloud Stock Performance

Shares of CareCloud stock traded down $0.04 during trading on Friday, reaching $19.85. The company had a trading volume of 16,743 shares, compared to its average volume of 9,472. The firm’s fifty day moving average is $19.69 and its 200-day moving average is $15.90. CareCloud has a fifty-two week low of $5.05 and a fifty-two week high of $22.62.

CareCloud Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, February 18th. Investors of record on Monday, February 3rd were paid a dividend of $0.1823 per share. The ex-dividend date of this dividend was Friday, January 31st. This represents a yield of 0.83%.

About CareCloud

CareCloud, Inc, a healthcare information technology (IT) company, provides a suite of cloud-based solutions and related business services to healthcare providers and hospitals primarily in the United States. It operates in two segments, Healthcare IT and Medical Practice Management. The company’s portfolio of proprietary software and business services includes technology-enabled business solutions; cloud-based software; digital health services; healthcare IT professional services and staffing; and medical practice management services.