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

CareCloud, Inc. (NASDAQ:CCLDO) was the recipient of a significant drop in short interest during the month of July. As of July 31st, there was short interest totalling 8,600 shares, a drop of 18.9% from the July 15th total of 10,600 shares. Based on an average daily trading volume, of 8,100 shares, the short-interest ratio is presently 1.1 days.

CareCloud Stock Performance

CCLDO remained flat at $11.99 during trading on Friday. 59 shares of the company traded hands, compared to its average volume of 7,826. CareCloud has a 52 week low of $3.30 and a 52 week high of $22.20. The stock has a 50-day moving average price of $10.64 and a 200-day moving average price of $8.53.

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.