CareCloud, Inc. (NASDAQ:CCLDO) Short Interest Up 1,250.0% in December

CareCloud, Inc. (NASDAQ:CCLDO) was the target of a large increase in short interest in December. As of December 15th, there was short interest totalling 2,700 shares, an increase of 1,250.0% from the November 30th total of 200 shares. Based on an average daily volume of 6,800 shares, the days-to-cover ratio is presently 0.4 days.

CareCloud Stock Performance

NASDAQ:CCLDO traded up $0.18 during trading hours on Thursday, reaching $18.48. The company’s stock had a trading volume of 6,938 shares, compared to its average volume of 7,150. The stock has a 50 day moving average price of $15.60 and a two-hundred day moving average price of $12.95. CareCloud has a 12 month low of $5.05 and a 12 month high of $18.48.

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.