CareCloud, Inc. (NASDAQ:CCLDP – Get Free Report) was the target of a large increase in short interest in the month of August. As of August 15th, there was short interest totalling 7,400 shares, an increase of 196.0% from the July 31st total of 2,500 shares. Based on an average daily volume of 7,400 shares, the days-to-cover ratio is presently 1.0 days.
CareCloud Stock Performance
Shares of CCLDP stock opened at $26.47 on Monday. CareCloud has a fifty-two week low of $25.35 and a fifty-two week high of $28.00. The company has a 50 day moving average price of $27.01 and a 200 day moving average price of $26.98.
CareCloud Dividend Announcement
The firm also recently declared a monthly dividend, which will be paid on Friday, December 15th. Shareholders of record on Thursday, November 30th will be paid a $0.2292 dividend. The ex-dividend date is Wednesday, November 29th. This represents a $2.75 annualized dividend and a dividend yield of 10.39%.
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.
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