CareCloud, Inc. (NASDAQ:CCLDO) Short Interest Down 96.2% in February

CareCloud, Inc. (NASDAQ:CCLDO) was the target of 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 trading volume of 7,900 shares, the days-to-cover ratio is currently 0.0 days.

CareCloud Stock Performance

Shares of NASDAQ CCLDO traded down $0.04 during midday trading on Friday, reaching $19.85. The stock had a trading volume of 16,743 shares, compared to its average volume of 9,472. The stock has a 50-day moving average of $19.69 and a 200-day moving average of $15.90. CareCloud has a 12-month low of $5.05 and a 12-month high of $22.62.

CareCloud Announces Dividend

The firm also recently declared a dividend, which was paid on Tuesday, February 18th. Investors of record on Monday, February 3rd were issued a $0.1823 dividend. The ex-dividend date 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.