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

CareCloud, Inc. (NASDAQ:CCLDP) was the recipient of a large increase in short interest during 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 trading volume of 17,900 shares, the short-interest ratio is currently 0.9 days.

CareCloud Stock Performance

NASDAQ:CCLDP traded up $0.11 on Friday, hitting $19.29. 1,859 shares of the stock were exchanged, compared to its average volume of 17,060. The stock has a fifty day moving average of $19.30 and a 200-day moving average of $14.44. CareCloud has a fifty-two week low of $5.21 and a fifty-two week high of $22.00.

CareCloud Announces Dividend

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