CareCloud, Inc. (NASDAQ:CCLDP) Short Interest Down 38.7% in September

CareCloud, Inc. (NASDAQ:CCLDP) was the recipient of a large decline in short interest in September. As of September 15th, there was short interest totalling 1,900 shares, a decline of 38.7% from the August 31st total of 3,100 shares. Based on an average daily trading volume, of 16,600 shares, the days-to-cover ratio is presently 0.1 days.

CareCloud Stock Performance

Shares of CareCloud stock traded down $0.12 on Thursday, hitting $12.07. 2,778 shares of the company’s stock traded hands, compared to its average volume of 18,995. CareCloud has a 52-week low of $4.01 and a 52-week high of $24.35. The firm’s 50-day moving average is $9.75 and its 200 day moving average is $8.33.

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.