CareCloud, Inc. (NASDAQ:CCLDO) Sees Significant Drop in Short Interest

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

CareCloud Stock Down 0.3 %

Shares of CCLDO stock traded down $0.05 during trading hours on Monday, reaching $18.75. The stock had a trading volume of 15,319 shares, compared to its average volume of 8,437. The firm has a 50-day simple moving average of $17.32 and a 200-day simple moving average of $13.54. CareCloud has a twelve month low of $5.05 and a twelve month high of $18.97.

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.