CareCloud, Inc. (NASDAQ:CCLDP) Sees Significant Growth in Short Interest

CareCloud, Inc. (NASDAQ:CCLDP) saw a significant growth in short interest in the month of January. As of January 15th, there was short interest totalling 12,600 shares, a growth of 869.2% from the December 31st total of 1,300 shares. Based on an average trading volume of 16,100 shares, the short-interest ratio is presently 0.8 days.

CareCloud Price Performance

CCLDP stock traded up $0.50 during midday trading on Tuesday, hitting $21.47. 24,507 shares of the company’s stock were exchanged, compared to its average volume of 16,364. CareCloud has a 1-year low of $5.21 and a 1-year high of $22.00. The business has a 50-day simple moving average of $18.40 and a two-hundred day simple moving average of $13.50.

CareCloud Dividend Announcement

The business 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 $0.2292 per share. The ex-dividend date of this dividend is Friday, January 31st.

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.