Short Interest in CareCloud, Inc. (NASDAQ:CCLDP) Declines By 33.3%

CareCloud, Inc. (NASDAQ:CCLDP) was the recipient of a large decrease in short interest during the month of November. As of November 15th, there was short interest totalling 1,200 shares, a decrease of 33.3% from the October 31st total of 1,800 shares. Based on an average daily volume of 14,800 shares, the days-to-cover ratio is presently 0.1 days.

CareCloud Trading Up 3.5 %

CCLDP stock traded up $0.57 during midday trading on Friday, reaching $16.91. The stock had a trading volume of 9,053 shares, compared to its average volume of 18,218. CareCloud has a 52-week low of $4.01 and a 52-week high of $18.00. The company’s fifty day simple moving average is $13.21 and its 200 day simple moving average is $10.72.

About CareCloud

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.