CareCloud, Inc. (NASDAQ:CCLD) Short Interest Up 39.0% in March

Key Points

• Short interest up 39% — short interest rose to 784,771 shares as of March 13 (about 2.2% of the float) with a short-interest ratio of 1.5 days, signaling increased bearish positioning in March.
• Analyst sentiment is mixed with a consensus rating of "Hold" and a $3.25 consensus price target; one analyst rates the stock a Buy, two rate it Hold, and Wall Street Zen recently upgraded to a strong-buy.
• CareCloud reported $0.11 EPS for the quarter (in line with estimates) and set FY2026 guidance of $0.20–$0.23 EPS; the shares trade around $3.49 with a market cap of roughly $148 million and a 12-month range of $1.14–$4.01.

CareCloud, Inc. (NASDAQ:CCLD - Get Free Report) saw a significant growth in short interest during the month of March. As of March 13th, there was short interest totaling 784,771 shares, a growth of 39.0% from the February 26th total of 564,570 shares. Approximately 2.2% of the company's stock are sold short. Based on an average daily volume of 512,068 shares, the short-interest ratio is currently 1.5 days.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. Wall Street Zen upgraded shares of CareCloud from a "buy" rating to a "strong-buy" rating in a report on Saturday, February 14th. Weiss Ratings reissued a "hold (c-)" rating on shares of CareCloud in a research report on Monday, December 29th. One analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $3.25.

Institutional Investors Weigh In On CareCloud

Several hedge funds have recently made changes to their positions in CCLD. Bailard Inc. boosted its stake in shares of CareCloud by 5.5% during the fourth quarter. Bailard Inc. now owns 88,951 shares of the company's stock worth $260,000 after buying an additional 4,665 shares during the period. State Street Corp raised its stake in CareCloud by 5.0% during the 4th quarter. State Street Corp now owns 173,103 shares of the company's stock valued at $505,000 after acquiring an additional 8,300 shares during the last quarter. Bridgeway Capital Management LLC raised its stake in CareCloud by 2.9% during the 3rd quarter. Bridgeway Capital Management LLC now owns 322,018 shares of the company's stock valued at $1,034,000 after acquiring an additional 8,979 shares during the last quarter. Baader Bank Aktiengesellschaft acquired a new stake in CareCloud during the 3rd quarter worth approximately $39,000. Finally, Centiva Capital LP acquired a new stake in CareCloud during the 3rd quarter worth approximately $47,000. Institutional investors and hedge funds own 10.16% of the company's stock.

CareCloud Price Performance

Shares of NASDAQ CCLD opened at $3.49 on Friday. The stock has a market cap of $148.30 million, a P/E ratio of 43.63 and a beta of 2.09. CareCloud has a twelve month low of $1.14 and a twelve month high of $4.01. The stock has a 50 day moving average of $2.80 and a two-hundred day moving average of $3.05. The company has a current ratio of 1.05, a quick ratio of 1.03 and a debt-to-equity ratio of 0.01.

CareCloud (NASDAQ:CCLD - Get Free Report) last announced its earnings results on Thursday, March 12th. The company reported $0.11 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.11. CareCloud had a net margin of 8.96% and a return on equity of 24.58%. CareCloud has set its FY 2026 guidance at 0.200-0.23 EPS. On average, research analysts forecast that CareCloud will post 0.58 earnings per share for the current year.

CareCloud Company Profile

CareCloud, Inc is a healthcare technology company that provides cloud-based practice management, electronic health record (EHR) and revenue cycle management (RCM) solutions to medical practices and health systems. Its flagship offering, the CareCloud Central platform, combines clinical, financial and administrative workflows into a single, unified system. The platform includes modules for scheduling, billing, coding, patient engagement and telehealth, enabling practices to streamline front- and back-office operations and improve overall practice performance.

Founded in 2009 and headquartered in Miami Beach, Florida, CareCloud serves small to mid-size physician groups and specialty clinics across the United States.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.