Short Interest in LifeMD, Inc. (NASDAQ:LFMDP) Declines By 33.3%

LifeMD, Inc. (NASDAQ:LFMDP) saw a large decline in short interest during the month of February. As of February 15th, there was short interest totalling 200 shares, a decline of 33.3% from the January 31st total of 300 shares. Based on an average daily trading volume, of 2,000 shares, the days-to-cover ratio is presently 0.1 days.

LifeMD Stock Performance

Shares of LFMDP opened at $22.80 on Friday. LifeMD has a fifty-two week low of $19.50 and a fifty-two week high of $25.00. The firm has a 50 day moving average price of $22.38 and a 200-day moving average price of $22.31.

LifeMD Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Friday, January 3rd were given a dividend of $0.5547 per share. The ex-dividend date of this dividend was Friday, January 3rd. This represents a $2.22 annualized dividend and a yield of 9.73%.

LifeMD Company Profile

LifeMD, Inc operates as a direct-to-patient telehealth company that connects consumers to healthcare professionals for medical care in the United States. The company offers telehealth platform comprising RexMD, a men's telehealth brand that provides access to virtual medical treatment for a variety of men's health needs from licensed physician; ShapiroMD that provides virtual medical treatment, prescription medications, patented doctor formulated OTC products, topical compounded medications, and medical devices treating male and female hair loss; NavaMD, a female-oriented tele-dermatology that offers virtual medical treatment from dermatologists and other providers; and prescription oral and compounded topical medications to treat aging and acne; and Cleared which provides personalized treatments for allergy, asthma and immunology, including in-home tests for both environmental and food allergies, prescriptions for allergies and asthma and immunotherapies for treating chronic allergies.