Short Interest in CareCloud, Inc. (NASDAQ:CCLDO) Drops By 60.4%

CareCloud, Inc. (NASDAQ:CCLDOGet Free Report) saw a significant drop in short interest in January. As of January 15th, there was short interest totaling 1,242 shares, a drop of 60.4% from the December 31st total of 3,136 shares. Based on an average trading volume of 4,890 shares, the short-interest ratio is presently 0.3 days. Based on an average trading volume of 4,890 shares, the short-interest ratio is presently 0.3 days.

CareCloud Stock Down 1.1%

Shares of CCLDO traded down $0.29 during mid-day trading on Friday, hitting $26.13. 17,226 shares of the company traded hands, compared to its average volume of 6,041. The stock has a 50-day moving average price of $25.66 and a two-hundred day moving average price of $22.95. CareCloud has a 1 year low of $16.19 and a 1 year high of $26.75.

CareCloud Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be issued a dividend of $0.1823 per share. This represents a c) dividend on an annualized basis and a yield of 8.4%. The ex-dividend date of this dividend is Tuesday, March 31st.

About CareCloud

(Get Free Report)

CareCloud is a healthcare information technology company that develops and delivers cloud-native software and services to medical practices, health systems and hospitals across the United States. The company’s platform combines practice management, electronic health record (EHR), revenue cycle management (RCM), population health analytics and patient engagement tools in a single integrated suite. CareCloud’s modular approach allows clients to adopt individual components—such as scheduling, billing or telehealth—and scale to a fully unified solution as their needs evolve.

Key offerings include CareCloud Charts, a web-based EHR designed to streamline clinical workflows; CareCloud Central, a practice management system that automates scheduling, patient intake and billing; and CareCloud Omni, which provides real-time analytics and business intelligence dashboards.

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