CareCloud, Inc. (NASDAQ:CCLDP) Short Interest Up 869.2% in December

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

CareCloud Stock Performance

Shares of CCLDP stock traded up $0.02 on Tuesday, reaching $19.27. 7,561 shares of the stock were exchanged, compared to its average volume of 15,911. The business’s 50 day moving average price is $17.25 and its 200 day moving average price is $12.63. CareCloud has a twelve month low of $5.21 and a twelve month high of $20.00.

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.