CareCloud, Inc. (NASDAQ:CCLDP) Sees Significant Drop in Short Interest

CareCloud, Inc. (NASDAQ:CCLDP) saw a large drop in short interest in the month of November. As of November 30th, there was short interest totalling 500 shares, a drop of 58.3% from the November 15th total of 1,200 shares. Based on an average daily trading volume, of 14,700 shares, the short-interest ratio is presently 0.0 days.

CareCloud Trading Down 1.3 %

CCLDP stock traded down $0.24 during trading on Wednesday, hitting $17.90. The company had a trading volume of 13,963 shares, compared to its average volume of 18,061. CareCloud has a 52-week low of $4.01 and a 52-week high of $18.84. The company has a 50 day simple moving average of $13.86 and a 200-day simple moving average of $11.16.

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.