Short Interest in CareCloud, Inc. (NASDAQ:CCLDO) Grows By 13.9%

CareCloud, Inc. (NASDAQ:CCLDO) was the target of a large growth in short interest in April. As of April 15th, there was short interest totalling 18,000 shares, a growth of 13.9% from the March 31st total of 15,800 shares. Based on an average daily trading volume, of 7,100 shares, the days-to-cover ratio is presently 2.5 days.

CareCloud Stock Up 1.1 %

CCLDO traded up $0.08 during trading hours on Monday, hitting $6.85. The company’s stock had a trading volume of 2,830 shares, compared to its average volume of 7,181. CareCloud has a fifty-two week low of $3.30 and a fifty-two week high of $23.85. The company has a 50-day simple moving average of $5.84 and a 200 day simple moving average of $8.36.

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 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.