Short Interest in CareCloud, Inc. (NASDAQ:CCLDP) Rises By 869.2%

CareCloud, Inc. (NASDAQ:CCLDP) saw a significant growth in short interest in the month of December. As of December 31st, there was short interest totalling 12,600 shares, a growth of 869.2% from the December 15th total of 1,300 shares. Based on an average daily volume of 16,100 shares, the short-interest ratio is presently 0.8 days.

CareCloud Stock Down 0.8 %

Shares of CCLDP stock traded down $0.16 during trading hours on Monday, reaching $19.21. The stock had a trading volume of 10,845 shares, compared to its average volume of 17,061. CareCloud has a twelve month low of $5.21 and a twelve month high of $20.00. The firm has a 50-day simple moving average of $17.11 and a 200-day simple moving average of $12.56.

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.