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

CareCloud, Inc. (NASDAQ:CCLDO) saw a significant decrease in short interest in 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 days-to-cover ratio is presently 0.1 days.

CareCloud Price Performance

Shares of CCLDO stock traded up $0.32 during mid-day trading on Tuesday, hitting $22.31. The stock had a trading volume of 3,818 shares, compared to its average volume of 11,245. CareCloud has a 12-month low of $5.05 and a 12-month high of $22.62. The firm’s 50-day moving average is $18.31 and its two-hundred day moving average is $14.25.

CareCloud Announces Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, February 18th. Shareholders of record on Friday, January 31st will be issued a dividend of $0.1823 per share. 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.