LifeMD, Inc. (NASDAQ:LFMDP – Get Free Report) was the recipient of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 3,247 shares, a growth of 296.0% from the August 15th total of 820 shares. Based on an average trading volume of 1,274 shares, the short-interest ratio is presently 2.5 days.
LifeMD Stock Performance
LFMDP opened at $22.96 on Monday. The business has a fifty day simple moving average of $23.35 and a 200 day simple moving average of $23.42. LifeMD has a 1 year low of $18.50 and a 1 year high of $24.20.
LifeMD Company Profile
LifeMD Inc is a telehealth provider offering personalized virtual medical and wellness services via its digital platform. The company connects patients with licensed healthcare professionals for consultations, diagnosis, and treatment across a broad spectrum of health needs. Through a subscription-based model, LifeMD delivers ongoing support for chronic condition management, preventive care and general health maintenance, aiming to improve access to care and enhance patient convenience.
The company’s service offerings include remote consultations in primary care, hormone replacement therapy, sexual health, weight management, mental wellness and dermatology.
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