LifeMD, Inc. (NASDAQ:LFMDP – Get Free Report) saw a large drop in short interest in September. As of September 30th, there was short interest totaling 1,623 shares, a drop of 37.8% from the September 15th total of 2,609 shares. Based on an average daily volume of 1,248 shares, the short-interest ratio is currently 1.3 days.
LifeMD Trading Up 1.2%
Shares of LifeMD stock opened at $22.27 on Friday. LifeMD has a 52-week low of $18.50 and a 52-week high of $24.20. The stock has a 50-day simple moving average of $23.12 and a 200-day simple moving average of $23.41.
LifeMD Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Friday, October 2nd were issued a $0.5547 dividend. The ex-dividend date was Friday, October 2nd. This represents a $2.22 dividend on an annualized basis and a yield of 10.0%.
LifeMD Company Profile
LifeMD, Inc is a U.S.-based telehealth company that provides virtual healthcare services through its digital platform. The company connects patients with licensed healthcare professionals for online consultations, medical evaluations, treatment plans, prescription services and, where appropriate, laboratory testing and ongoing care.
LifeMD offers services across several areas of care, including virtual primary care, weight management, men’s health, women’s health, dermatology, sleep care and behavioral health.
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