LifeMD, Inc. (NASDAQ:LFMDP – Get Rating) saw a significant increase in short interest in the month of December. As of December 30th, there was short interest totalling 3,100 shares, an increase of 47.6% from the December 15th total of 2,100 shares. Based on an average trading volume of 3,900 shares, the days-to-cover ratio is presently 0.8 days.
LifeMD Stock Performance
LifeMD stock traded up $0.04 during trading hours on Friday, reaching $13.88. The stock had a trading volume of 104 shares, compared to its average volume of 3,423. The business's 50 day moving average price is $13.94 and its 200-day moving average price is $13.94. LifeMD has a 52 week low of $12.60 and a 52 week high of $18.63.
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LifeMD Announces Dividend
The business also recently disclosed a dividend, which was paid on Tuesday, January 17th. Stockholders of record on Friday, January 6th were issued a dividend of $0.5547 per share. The ex-dividend date of this dividend was Thursday, January 5th. This represents a dividend yield of 15.96%.
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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