CareCloud, Inc. (NASDAQ:CCLDP – Get Free Report) saw a large drop in short interest in the month of February. As of February 15th, there was short interest totalling 6,500 shares, a drop of 57.5% from the January 31st total of 15,300 shares. Based on an average daily volume of 16,000 shares, the days-to-cover ratio is currently 0.4 days.
CareCloud Stock Up 8.2 %
NASDAQ:CCLDP opened at $19.71 on Friday. CareCloud has a 1-year low of $5.21 and a 1-year high of $22.00. The company has a 50-day moving average of $19.53 and a 200 day moving average of $15.38.
CareCloud Dividend Announcement
The company also recently announced a dividend, which was paid on Tuesday, February 18th. Shareholders of record on Monday, February 3rd were issued a $0.2292 dividend. The ex-dividend date was Friday, January 31st. This represents a yield of 14.03%.
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.
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