CareCloud, Inc. (NASDAQ:CCLDO) Short Interest Update

CareCloud, Inc. (NASDAQ:CCLDO) was the recipient of a significant increase in short interest during the month of May. As of May 15th, there was short interest totalling 4,300 shares, an increase of 152.9% from the April 30th total of 1,700 shares. Based on an average trading volume of 9,900 shares, the short-interest ratio is presently 0.4 days.

CareCloud Stock Down 1.0%

Shares of NASDAQ:CCLDO opened at $20.06 on Friday. The company has a 50-day simple moving average of $18.90 and a 200-day simple moving average of $19.00. CareCloud has a one year low of $8.20 and a one year high of $22.62.

CareCloud Announces Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th will be issued a $0.1823 dividend. The ex-dividend date of this dividend is Monday, June 30th.

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.