Short Interest in CareCloud, Inc. (NASDAQ:CCLDP) Increases By 28.6%

CareCloud, Inc. (NASDAQ:CCLDP) saw a large increase in short interest in October. As of October 15th, there was short interest totalling 900 shares, an increase of 28.6% from the September 30th total of 700 shares. Based on an average daily volume of 17,300 shares, the short-interest ratio is presently 0.1 days.

CareCloud Price Performance

Shares of CCLDP stock opened at $12.30 on Wednesday. CareCloud has a one year low of $4.01 and a one year high of $19.09. The company’s 50-day moving average is $11.48 and its 200 day moving average is $9.29.

CareCloud Company Profile

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.