CareCloud, Inc. (NASDAQ:CCLDO) Sees Significant Growth in Short Interest

CareCloud, Inc. (NASDAQ:CCLDO) saw a significant growth in short interest in March. As of March 31st, there was short interest totalling 15,800 shares, a growth of 64.6% from the March 15th total of 9,600 shares. Based on an average trading volume of 7,600 shares, the short-interest ratio is currently 2.1 days.

CareCloud Stock Down 0.5 %

CCLDO opened at $5.93 on Friday. CareCloud has a fifty-two week low of $3.30 and a fifty-two week high of $24.00. The company has a fifty day moving average of $5.81 and a 200 day moving average of $9.46.

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.