CareCloud, Inc. (NASDAQ:CCLDO) Short Interest Up 50.6% in December

CareCloud, Inc. (NASDAQ:CCLDO) was the target of a significant growth in short interest in December. As of December 15th, there was short interest totaling 2,046 shares, a growth of 50.6% from the November 30th total of 1,359 shares. Based on an average daily volume of 5,511 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily volume of 5,511 shares, the days-to-cover ratio is currently 0.4 days.

CareCloud Price Performance

Shares of NASDAQ CCLDO opened at $25.50 on Tuesday. CareCloud has a 1 year low of $16.19 and a 1 year high of $25.80. The firm has a fifty day moving average price of $24.10 and a 200-day moving average price of $21.91.

CareCloud (NASDAQ:CCLDO) last released its earnings results on Monday, March 14th. The company reported $0.37 earnings per share for the quarter. The firm had revenue of $32.04 million for the quarter.

CareCloud Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st will be paid a $0.1823 dividend. The ex-dividend date of this dividend is Wednesday, December 31st. This represents a c) dividend on an annualized basis and a dividend yield of 8.6%.

About CareCloud

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.