LifeMD, Inc. (NASDAQ:LFMDP) Short Interest Update

LifeMD, Inc. (NASDAQ:LFMDP) saw a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 4,168 shares, a growth of 59.1% from the May 14th total of 2,619 shares. Based on an average daily volume of 1,476 shares, the days-to-cover ratio is currently 2.8 days.

LifeMD Price Performance

NASDAQ:LFMDP traded up $0.27 on Tuesday, hitting $23.63. The company had a trading volume of 2,871 shares, compared to its average volume of 2,160. The firm has a 50 day moving average of $23.71 and a two-hundred day moving average of $22.95. LifeMD has a 52 week low of $18.50 and a 52 week high of $24.34.

LifeMD Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Friday, April 3rd were paid a $0.5547 dividend. This represents a $2.22 dividend on an annualized basis and a dividend yield of 9.4%. The ex-dividend date was Thursday, April 2nd.

About LifeMD

LifeMD Inc is a telehealth provider offering personalized virtual medical and wellness services via its digital platform. The company connects patients with licensed healthcare professionals for consultations, diagnosis, and treatment across a broad spectrum of health needs. Through a subscription-based model, LifeMD delivers ongoing support for chronic condition management, preventive care and general health maintenance, aiming to improve access to care and enhance patient convenience.

The company’s service offerings include remote consultations in primary care, hormone replacement therapy, sexual health, weight management, mental wellness and dermatology.