CareCloud, Inc. (NASDAQ:CCLDO) Short Interest Down 80.2% in March

CareCloud, Inc. (NASDAQ:CCLDO) was the target of a significant drop in short interest in March. As of March 13th, there was short interest totaling 842 shares, a drop of 80.2% from the February 26th total of 4,254 shares. Based on an average daily volume of 4,903 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 4,903 shares, the short-interest ratio is currently 0.2 days.

CareCloud Price Performance

Shares of CCLDO stock traded up $0.05 during trading hours on Tuesday, hitting $26.23. 2,217 shares of the company’s stock traded hands, compared to its average volume of 5,999. The stock’s fifty day simple moving average is $25.91 and its two-hundred day simple moving average is $24.28. CareCloud has a 12-month low of $16.19 and a 12-month high of $26.75.

CareCloud Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be paid a dividend of $0.1823 per share. The ex-dividend date is Tuesday, March 31st. This represents a c) dividend on an annualized basis and a yield of 8.3%.

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.