Short Interest in CareCloud, Inc. (NASDAQ:CCLDO) Drops By 80.2%

CareCloud, Inc. (NASDAQ:CCLDO) was the target of a significant decline in short interest in March. As of March 13th, there was short interest totaling 842 shares, a decline of 80.2% from the February 26th total of 4,254 shares. Based on an average trading volume of 4,903 shares, the short-interest ratio is presently 0.2 days. Based on an average trading volume of 4,903 shares, the short-interest ratio is presently 0.2 days.

CareCloud Trading Up 0.2%

Shares of CCLDO traded up $0.05 during trading hours on Tuesday, reaching $26.23. 2,217 shares of the company traded hands, compared to its average volume of 5,999. The company’s fifty day moving average price is $25.91 and its two-hundred day moving average price is $24.28. CareCloud has a 12 month low of $16.19 and a 12 month high of $26.75.

CareCloud Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st will be given a dividend of $0.1823 per share. The ex-dividend date is Tuesday, March 31st. This represents a c) annualized dividend and a dividend yield of 8.3%.

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.