CareCloud, Inc. (NASDAQ:CCLDO) Short Interest Update

CareCloud, Inc. (NASDAQ:CCLDO) was the target of a large drop in short interest in November. As of November 15th, there was short interest totalling 1,500 shares, a drop of 21.1% from the October 31st total of 1,900 shares. Based on an average daily trading volume, of 6,200 shares, the short-interest ratio is presently 0.2 days.

CareCloud Price Performance

Shares of NASDAQ CCLDO remained flat at $16.98 during trading hours on Friday. 1,236 shares of the company traded hands, compared to its average volume of 7,179. CareCloud has a 1 year low of $3.30 and a 1 year high of $18.48. The firm’s 50 day simple moving average is $13.70 and its two-hundred day simple moving average is $12.24.

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.