CareCloud, Inc. (NASDAQ:CCLDO) Short Interest Update

CareCloud, Inc. (NASDAQ:CCLDO) was the target of a significant increase in short interest in the month of February. As of February 27th, there was short interest totaling 4,254 shares, an increase of 217.2% from the February 12th total of 1,341 shares. Based on an average daily volume of 7,119 shares, the days-to-cover ratio is presently 0.6 days. Based on an average daily volume of 7,119 shares, the days-to-cover ratio is presently 0.6 days.

CareCloud Stock Down 0.5%

Shares of CCLDO opened at $25.56 on Wednesday. The company’s 50 day moving average price is $25.88 and its 200 day moving average price is $24.01. CareCloud has a 52 week low of $16.19 and a 52 week high of $26.75.

CareCloud Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be issued a dividend of $0.1823 per share. This represents a c) annualized dividend and a dividend yield of 8.6%. The ex-dividend date is Tuesday, March 31st.

CareCloud Company Profile

CareCloud is a healthcare information technology company that develops and delivers cloud-native software and services to medical practices, health systems and hospitals across the United States. The company’s platform combines practice management, electronic health record (EHR), revenue cycle management (RCM), population health analytics and patient engagement tools in a single integrated suite. CareCloud’s modular approach allows clients to adopt individual components—such as scheduling, billing or telehealth—and scale to a fully unified solution as their needs evolve.

Key offerings include CareCloud Charts, a web-based EHR designed to streamline clinical workflows; CareCloud Central, a practice management system that automates scheduling, patient intake and billing; and CareCloud Omni, which provides real-time analytics and business intelligence dashboards.