CareCloud, Inc. (NASDAQ:CCLDO) Sees Significant Decrease in Short Interest

CareCloud, Inc. (NASDAQ:CCLDO) saw a significant decrease in short interest in the month of June. As of June 15th, there was short interest totalling 6,500 shares, a decrease of 5.8% from the May 31st total of 6,900 shares. Based on an average daily trading volume, of 8,600 shares, the short-interest ratio is currently 0.8 days.

CareCloud Price Performance

NASDAQ:CCLDO opened at $9.79 on Thursday. CareCloud has a fifty-two week low of $3.30 and a fifty-two week high of $22.93. The company has a 50 day simple moving average of $10.76 and a two-hundred day simple moving average of $7.64.

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.