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

CareCloud, Inc. (NASDAQ:CCLDO) was the target of a significant increase in short interest in the month of 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 short-interest ratio is presently 0.4 days.

CareCloud Trading Up 1.0 %

CCLDO stock traded up $0.18 during trading on Thursday, hitting $18.48. The company had a trading volume of 6,938 shares, compared to its average volume of 7,150. CareCloud has a 52-week low of $5.05 and a 52-week high of $18.48. The company has a 50 day simple moving average of $15.60 and a 200-day simple moving average of $12.95.

CareCloud Company Profile

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.