CareCloud, Inc. (NASDAQ:CCLDP) Short Interest Up 160.0% in December

CareCloud, Inc. (NASDAQ:CCLDP) was the target of a significant growth in short interest during the month of December. As of December 15th, there was short interest totalling 1,300 shares, a growth of 160.0% from the November 30th total of 500 shares. Based on an average daily trading volume, of 14,300 shares, the short-interest ratio is currently 0.1 days.

CareCloud Price Performance

Shares of NASDAQ:CCLDP opened at $18.75 on Friday. The business’s 50-day moving average is $15.57 and its 200-day moving average is $11.86. CareCloud has a 1 year low of $5.21 and a 1 year high of $18.84.

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.