Short Interest in CareCloud, Inc. (NASDAQ:CCLDO) Grows By 464.7%

CareCloud, Inc. (NASDAQ:CCLDO) saw a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 9,600 shares, an increase of 464.7% from the February 29th total of 1,700 shares. Based on an average daily volume of 9,000 shares, the short-interest ratio is presently 1.1 days.

CareCloud Stock Performance

CareCloud stock opened at $5.64 on Thursday. CareCloud has a 12 month low of $3.30 and a 12 month high of $24.00. The business has a 50 day simple moving average of $5.89 and a 200-day simple moving average of $10.38.

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 Software-as-a-Service platform includes revenue cycle management, practice management, electronic health record, business intelligence, telehealth, and patient experience management solutions, as well as complementary software tools and business services for medical groups and health systems.