CareCloud, Inc. (NASDAQ:CCLDO) Sees Large Decrease in Short Interest

CareCloud, Inc. (NASDAQ:CCLDO) was the recipient of a significant decrease in short interest in January. As of January 15th, there was short interest totalling 800 shares, a decrease of 70.4% from the December 31st total of 2,700 shares. Based on an average daily volume of 7,200 shares, the days-to-cover ratio is currently 0.1 days.

CareCloud Price Performance

NASDAQ CCLDO traded down $0.53 during trading hours on Wednesday, hitting $21.63. The company’s stock had a trading volume of 3,833 shares, compared to its average volume of 10,808. The company’s 50 day simple moving average is $18.42 and its two-hundred day simple moving average is $14.34. CareCloud has a 12 month low of $5.05 and a 12 month high of $22.62.

CareCloud Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Tuesday, February 18th. Investors of record on Friday, January 31st will be given a dividend of $0.1823 per share. The ex-dividend date of this dividend is Friday, January 31st.

CareCloud Company Profile

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.