CareCloud, Inc. (NASDAQ:CCLDP) Short Interest Up 1,175.0% in January

CareCloud, Inc. (NASDAQ:CCLDP) was the target of a significant growth in short interest in January. As of January 31st, there was short interest totalling 15,300 shares, a growth of 1,175.0% from the January 15th total of 1,200 shares. Based on an average daily trading volume, of 17,900 shares, the days-to-cover ratio is presently 0.9 days.

CareCloud Stock Performance

Shares of CCLDP stock opened at $19.17 on Thursday. CareCloud has a twelve month low of $5.21 and a twelve month high of $22.00. The stock’s fifty day simple moving average is $19.19 and its 200 day simple moving average is $14.37.

CareCloud Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Tuesday, February 18th. Stockholders of record on Monday, February 3rd will be paid a $0.2292 dividend. This represents a dividend yield of 14.03%. The ex-dividend date is Friday, January 31st.

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.