Short Interest in CareCloud, Inc. (NASDAQ:CCLDO) Decreases By 27.5%

CareCloud, Inc. (NASDAQ:CCLDO) was the recipient of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totalling 3,700 shares, a decrease of 27.5% from the August 15th total of 5,100 shares. Based on an average daily trading volume, of 4,800 shares, the days-to-cover ratio is currently 0.8 days.

CareCloud Stock Performance

Shares of CareCloud stock opened at $13.05 on Friday. CareCloud has a 1 year low of $3.30 and a 1 year high of $20.92. The business has a 50-day moving average of $10.99 and a two-hundred day moving average of $9.40.

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.