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

CareCloud, Inc. (NASDAQ:CCLDP) was the target of a large decrease in short interest during the month of February. As of February 15th, there was short interest totalling 6,500 shares, a decrease of 57.5% from the January 31st total of 15,300 shares. Based on an average daily volume of 16,000 shares, the short-interest ratio is currently 0.4 days.

CareCloud Stock Performance

Shares of CCLDP opened at $19.71 on Friday. The company’s fifty day moving average is $19.53 and its 200 day moving average is $15.38. CareCloud has a fifty-two week low of $5.21 and a fifty-two week high of $22.00.

CareCloud Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, February 18th. Shareholders of record on Monday, February 3rd were given a dividend of $0.2292 per share. The ex-dividend date was Friday, January 31st. This represents a yield of 14.03%.

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.