LifeMD, Inc. (NASDAQ:LFMDP – Get Rating) saw a significant decline in short interest in the month of November. As of November 30th, there was short interest totalling 3,500 shares, a decline of 12.5% from the November 15th total of 4,000 shares. Based on an average trading volume of 2,800 shares, the short-interest ratio is presently 1.3 days.
LifeMD Price Performance
Shares of LFMDP opened at $14.00 on Friday. LifeMD has a one year low of $12.60 and a one year high of $19.97. The business has a fifty day moving average of $13.92 and a 200 day moving average of $14.16.
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LifeMD Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, October 17th. Shareholders of record on Friday, October 7th were issued a dividend of $0.5547 per share. This represents a $2.22 annualized dividend and a yield of 15.85%. The ex-dividend date of this dividend was Thursday, October 6th.
LifeMD Company Profile
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LifeMD, Inc operates as a direct-to-patient telehealth company that connects consumers to healthcare professionals for care across various indications, including concierge care, men's sexual health, dermatology, and others in the United States. The company provides ShapiroMD, a telehealth platform brand that offers access to virtual medical treatment, prescription medications, patented-doctor formulated OTC products, and an FDA approved medical device for male and female hair loss, and female specific topical compounded medications for hair loss; RexMD, a men's telehealth brand that offers virtual medical treatment from licensed providers for a variety of men's health needs; LifeMD Primary Care, a personalized subscription-based virtual primary care platform that provides patients with primary care, urgent care, and chronic care needs, as well as .offers a mobile first platform that incorporates virtual consultations and treatment, prescription medications, diagnostics, and imaging; Cleared, a telehealth brand that provides personalized treatments for allergy, asthma, and immunology; and Nava MD, a female-oriented tele-dermatology and skincare brand that offers virtual medical treatment from dermatologists and other providers.
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