CareCloud, Inc. (NASDAQ:CCLDO) Short Interest Update

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

CareCloud Trading Up 0.4 %

Shares of CareCloud stock traded up $0.08 on Tuesday, hitting $18.83. 1,260 shares of the company were exchanged, compared to its average volume of 7,409. The company has a 50-day moving average price of $17.32 and a 200 day moving average price of $13.54. CareCloud has a 1-year low of $5.05 and a 1-year high of $18.97.

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.