CareCloud, Inc. (NASDAQ:CCLDO) Short Interest Down 70.4% in January

CareCloud, Inc. (NASDAQ:CCLDO) saw a large decline in short interest in January. As of January 15th, there was short interest totalling 800 shares, a decline of 70.4% from the December 31st total of 2,700 shares. Based on an average daily trading volume, of 7,200 shares, the days-to-cover ratio is currently 0.1 days.

CareCloud Price Performance

CCLDO stock traded up $0.32 during trading on Tuesday, hitting $22.31. 3,818 shares of the company’s stock traded hands, compared to its average volume of 11,245. The business has a fifty day simple moving average of $18.31 and a 200 day simple moving average of $14.25. CareCloud has a 52 week low of $5.05 and a 52 week high of $22.62.

CareCloud Announces Dividend

The business also recently declared a dividend, which will be paid on Tuesday, February 18th. Investors of record on Friday, January 31st will be given a $0.1823 dividend. The ex-dividend date 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.