CareCloud, Inc. (NASDAQ:CCLDO) Short Interest Down 21.1% in November

CareCloud, Inc. (NASDAQ:CCLDO) was the target of a significant decrease in short interest during the month of November. As of November 15th, there was short interest totalling 1,500 shares, a decrease of 21.1% from the October 31st total of 1,900 shares. Based on an average daily trading volume, of 6,200 shares, the short-interest ratio is currently 0.2 days.

CareCloud Stock Performance

CareCloud stock remained flat at $16.98 during midday trading on Friday. 1,236 shares of the company traded hands, compared to its average volume of 7,179. CareCloud has a one year low of $3.30 and a one year high of $18.48. The stock has a 50-day moving average of $13.70 and a two-hundred day moving average of $12.22.

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.