Short Interest in CareCloud, Inc. (NASDAQ:CCLDP) Grows By 600.0%

CareCloud, Inc. (NASDAQ:CCLDP) saw a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 5,600 shares, a growth of 600.0% from the February 29th total of 800 shares. Based on an average daily volume of 24,400 shares, the days-to-cover ratio is presently 0.2 days.

CareCloud Price Performance

NASDAQ:CCLDP opened at $6.01 on Friday. The business’s 50-day moving average is $6.70 and its two-hundred day moving average is $12.11. CareCloud has a 12 month low of $4.01 and a 12 month high of $28.00.

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 Software-as-a-Service platform includes revenue cycle management, practice management, electronic health record, business intelligence, telehealth, and patient experience management solutions, as well as complementary software tools and business services for medical groups and health systems.