CareCloud, Inc. (NASDAQ:CCLDO) Short Interest Down 60.4% in January

CareCloud, Inc. (NASDAQ:CCLDO) saw a significant decrease in short interest in January. As of January 15th, there was short interest totaling 1,242 shares, a decrease of 60.4% from the December 31st total of 3,136 shares. Based on an average daily volume of 4,890 shares, the short-interest ratio is currently 0.3 days. Based on an average daily volume of 4,890 shares, the short-interest ratio is currently 0.3 days.

CareCloud Stock Down 1.5%

Shares of NASDAQ CCLDO traded down $0.40 during midday trading on Friday, hitting $26.02. The stock had a trading volume of 17,085 shares, compared to its average volume of 5,994. CareCloud has a fifty-two week low of $16.19 and a fifty-two week high of $26.75. The company’s 50-day simple moving average is $25.64 and its 200 day simple moving average is $22.90.

CareCloud Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be given a dividend of $0.1823 per share. This represents a c) dividend on an annualized basis and a dividend yield of 8.4%. The ex-dividend date of this dividend is Tuesday, March 31st.

CareCloud Company Profile

CareCloud is a healthcare information technology company that develops and delivers cloud-native software and services to medical practices, health systems and hospitals across the United States. The company’s platform combines practice management, electronic health record (EHR), revenue cycle management (RCM), population health analytics and patient engagement tools in a single integrated suite. CareCloud’s modular approach allows clients to adopt individual components—such as scheduling, billing or telehealth—and scale to a fully unified solution as their needs evolve.

Key offerings include CareCloud Charts, a web-based EHR designed to streamline clinical workflows; CareCloud Central, a practice management system that automates scheduling, patient intake and billing; and CareCloud Omni, which provides real-time analytics and business intelligence dashboards.