Short Interest in CareCloud, Inc. (NASDAQ:CCLDP) Declines By 58.3%

CareCloud, Inc. (NASDAQ:CCLDP) saw a significant decrease in short interest in the month of November. As of November 30th, there was short interest totalling 500 shares, a decrease of 58.3% from the November 15th total of 1,200 shares. Based on an average trading volume of 14,700 shares, the days-to-cover ratio is currently 0.0 days.

CareCloud Price Performance

Shares of NASDAQ:CCLDP traded up $0.39 during trading on Friday, hitting $18.24. The company’s stock had a trading volume of 34,509 shares, compared to its average volume of 18,147. The company has a 50-day moving average of $14.10 and a 200-day moving average of $11.26. CareCloud has a 12 month low of $4.01 and a 12 month high of $18.84.

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.