CareCloud, Inc. (NASDAQ:CCLDP) Sees Significant Drop in Short Interest

CareCloud, Inc. (NASDAQ:CCLDPGet Free Report) saw a large decrease in short interest in the month of March. As of March 31st, there was short interest totalling 1,400 shares, a decrease of 75.0% from the March 15th total of 5,600 shares. Based on an average daily volume of 18,500 shares, the days-to-cover ratio is presently 0.1 days.

CareCloud Trading Up 1.3 %

Shares of NASDAQ:CCLDP traded up $0.08 during midday trading on Friday, reaching $6.23. 1,046 shares of the company’s stock traded hands, compared to its average volume of 18,670. The company has a fifty day simple moving average of $6.45 and a two-hundred day simple moving average of $10.92. CareCloud has a 1 year low of $4.01 and a 1 year high of $28.00.

CareCloud Company Profile

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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.

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