CareCloud, Inc. (NASDAQ:CCLDO) Short Interest Down 70.4% in January

CareCloud, Inc. (NASDAQ:CCLDO) was the target of a large decrease in short interest during the month of January. As of January 15th, there was short interest totalling 800 shares, a decrease of 70.4% from the December 31st total of 2,700 shares. Based on an average daily volume of 7,200 shares, the short-interest ratio is presently 0.1 days.

CareCloud Price Performance

Shares of CareCloud stock traded down $0.53 during midday trading on Wednesday, reaching $21.63. 3,833 shares of the company’s stock traded hands, compared to its average volume of 10,808. The stock has a 50 day moving average of $18.42 and a 200-day moving average of $14.34. CareCloud has a 12 month low of $5.05 and a 12 month high of $22.62.

CareCloud Announces Dividend

The business also recently announced a dividend, which will be paid on Tuesday, February 18th. Stockholders of record on Friday, January 31st will be given a $0.1823 dividend. The ex-dividend date of this dividend is Friday, January 31st.

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.