Short Interest in CareCloud, Inc. (NASDAQ:CCLDP) Drops By 97.9%

CareCloud, Inc. (NASDAQ:CCLDP) was the recipient of a significant decline in short interest in the month of June. As of June 30th, there was short interest totalling 700 shares, a decline of 97.9% from the June 15th total of 33,400 shares. Based on an average trading volume of 20,300 shares, the short-interest ratio is currently 0.0 days.

CareCloud Price Performance

NASDAQ CCLDP traded up $0.13 during trading hours on Thursday, reaching $8.81. 19,687 shares of the company’s stock were exchanged, compared to its average volume of 19,723. CareCloud has a one year low of $4.01 and a one year high of $27.89. The company’s 50-day moving average is $8.66 and its two-hundred day moving average is $7.38.

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.