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

CareCloud, Inc. (NASDAQ:CCLDO) was the target of a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 700 shares, a drop of 22.2% from the August 15th total of 900 shares. Based on an average trading volume of 5,500 shares, the days-to-cover ratio is presently 0.1 days. Based on an average trading volume of 5,500 shares, the days-to-cover ratio is presently 0.1 days.

CareCloud Price Performance

Shares of NASDAQ:CCLDO opened at $21.80 on Thursday. The company’s 50 day simple moving average is $20.82 and its 200 day simple moving average is $19.73. CareCloud has a 1 year low of $10.97 and a 1 year high of $22.62.

CareCloud Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, August 15th. Shareholders of record on Thursday, July 31st were paid a dividend of $0.1823 per share. This represents a c) dividend on an annualized basis and a dividend yield of 10.0%. The ex-dividend date of this dividend was Thursday, July 31st.

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.