Short Interest in LifeMD, Inc. (NASDAQ:LFMDP) Decreases By 50.0%

LifeMD, Inc. (NASDAQ:LFMDP) saw a large drop in short interest during the month of December. As of December 15th, there was short interest totalling 400 shares, a drop of 50.0% from the November 30th total of 800 shares. Based on an average daily volume of 1,800 shares, the short-interest ratio is currently 0.2 days.

LifeMD Stock Performance

LFMDP stock traded up $0.18 during trading on Friday, hitting $22.23. The company had a trading volume of 2,555 shares, compared to its average volume of 6,260. The firm has a 50-day moving average price of $22.40 and a 200-day moving average price of $22.32. LifeMD has a 1-year low of $17.15 and a 1-year high of $25.00.

LifeMD Company Profile

LifeMD, Inc operates as a direct-to-patient telehealth company that connects consumers to healthcare professionals for medical care in the United States. The company offers telehealth platform comprising RexMD, a men's telehealth brand that provides access to virtual medical treatment for a variety of men's health needs from licensed physician; ShapiroMD that provides virtual medical treatment, prescription medications, patented doctor formulated OTC products, topical compounded medications, and medical devices treating male and female hair loss; NavaMD, a female-oriented tele-dermatology that offers virtual medical treatment from dermatologists and other providers; and prescription oral and compounded topical medications to treat aging and acne; and Cleared which provides personalized treatments for allergy, asthma and immunology, including in-home tests for both environmental and food allergies, prescriptions for allergies and asthma and immunotherapies for treating chronic allergies.