CareCloud, Inc. (NASDAQ:CCLDO) Sees Large Increase in Short Interest

by · The Cerbat Gem

CareCloud, Inc. (NASDAQ:CCLDOGet Free Report) was the recipient of a significant growth in short interest in the month of April. As of April 15th, there was short interest totaling 1,427 shares, a growth of 93.6% from the March 31st total of 737 shares. Based on an average daily trading volume, of 23,419 shares, the short-interest ratio is currently 0.1 days.

CareCloud Stock Up 0.0%

NASDAQ:CCLDO traded up $0.01 during trading hours on Friday, hitting $27.40. 25,269 shares of the company’s stock traded hands, compared to its average volume of 9,405. CareCloud has a twelve month low of $18.15 and a twelve month high of $27.41. The stock’s fifty day moving average price is $26.18 and its two-hundred day moving average price is $25.09.

CareCloud Company Profile

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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.

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