Short Interest in CareCloud, Inc. (NASDAQ:CCLDO) Declines By 70.6%

CareCloud, Inc. (NASDAQ:CCLDO) saw a significant decrease in short interest in March. As of March 15th, there was short interest totalling 500 shares, a decrease of 70.6% from the February 28th total of 1,700 shares. Based on an average daily volume of 10,500 shares, the days-to-cover ratio is presently 0.0 days.

CareCloud Trading Up 0.1 %

Shares of CCLDO opened at $19.26 on Friday. The firm has a 50-day moving average price of $20.07 and a 200 day moving average price of $16.92. CareCloud has a 52-week low of $5.40 and a 52-week high of $22.62.

CareCloud Announces Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be issued a $0.1823 dividend. The ex-dividend date of this dividend is Monday, March 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.