CareCloud, Inc. (NASDAQ:CCLDO) Sees Large Increase in Short Interest

CareCloud, Inc. (NASDAQ:CCLDO) was the target of a large growth in short interest in December. As of December 31st, there was short interest totaling 3,136 shares, a growth of 53.3% from the December 15th total of 2,046 shares. Based on an average trading volume of 5,295 shares, the days-to-cover ratio is currently 0.6 days. Based on an average trading volume of 5,295 shares, the days-to-cover ratio is currently 0.6 days.

CareCloud Price Performance

CareCloud stock opened at $25.90 on Friday. CareCloud has a 12 month low of $16.19 and a 12 month high of $26.00. The stock has a fifty day simple moving average of $25.40 and a two-hundred day simple moving average of $22.49.

CareCloud Company Profile

CareCloud is a healthcare information technology company that develops and delivers cloud-native software and services to medical practices, health systems and hospitals across the United States. The company’s platform combines practice management, electronic health record (EHR), revenue cycle management (RCM), population health analytics and patient engagement tools in a single integrated suite. CareCloud’s modular approach allows clients to adopt individual components—such as scheduling, billing or telehealth—and scale to a fully unified solution as their needs evolve.

Key offerings include CareCloud Charts, a web-based EHR designed to streamline clinical workflows; CareCloud Central, a practice management system that automates scheduling, patient intake and billing; and CareCloud Omni, which provides real-time analytics and business intelligence dashboards.