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

CareCloud, Inc. (NASDAQ:CCLDP) was the target of a significant increase in short interest in the month of January. As of January 31st, there was short interest totalling 15,300 shares, an increase 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 short-interest ratio is presently 0.9 days.

CareCloud Stock Up 0.6 %

CCLDP traded up $0.11 during midday trading on Friday, hitting $19.29. 1,859 shares of the company were exchanged, compared to its average volume of 17,060. The firm’s 50 day moving average price is $19.30 and its 200-day moving average price is $14.44. CareCloud has a 1-year low of $5.21 and a 1-year high of $22.00.

CareCloud Announces Dividend

The business also recently declared a dividend, which will be paid on Tuesday, February 18th. Shareholders of record on Monday, February 3rd will be paid a $0.2292 dividend. This represents a yield of 14.03%. The ex-dividend date 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.