Short Interest in CareCloud, Inc. (NASDAQ:CCLDO) Drops By 70.6%

CareCloud, Inc. (NASDAQ:CCLDO) was the target of a large decrease in short interest in March. As of March 15th, there was short interest totalling 500 shares, a decrease of 70.6% from the February 28th total of 1,700 shares. Based on an average daily trading volume, of 10,500 shares, the days-to-cover ratio is presently 0.0 days.

CareCloud Stock Down 0.3 %

CareCloud stock traded down $0.07 during midday trading on Friday, hitting $19.23. 3,215 shares of the company’s stock were exchanged, compared to its average volume of 7,840. The firm has a 50-day moving average of $20.08 and a two-hundred day moving average of $16.97. CareCloud has a 12 month low of $5.40 and a 12 month high of $22.62.

CareCloud Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be issued a dividend of $0.1823 per share. The ex-dividend date of this dividend is Monday, March 31st.

CareCloud Company Profile

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.