CareCloud, Inc. (NASDAQ:CCLDP) Short Interest Up 28.6% in October

by · The Markets Daily

CareCloud, Inc. (NASDAQ:CCLDP – Get Free Report) saw a significant increase in short interest in the month of October. As of October 15th, there was short interest totalling 900 shares, an increase of 28.6% from the September 30th total of 700 shares. Based on an average daily volume of 17,300 shares, the days-to-cover ratio is presently 0.1 days.

CareCloud Price Performance

Shares of CCLDP stock traded up $0.28 on Tuesday, hitting $12.30. The stock had a trading volume of 6,500 shares, compared to its average volume of 18,354. The company’s 50 day moving average price is $11.41 and its 200-day moving average price is $9.24. CareCloud has a 1 year low of $4.01 and a 1 year high of $19.09.

CareCloud Company Profile

(Get Free Report)

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.

Featured Stories