LifeMD, Inc. (NASDAQ:LFMDP – Get Rating) was the recipient of a significant growth in short interest in March. As of March 15th, there was short interest totalling 4,200 shares, a growth of 27.3% from the February 28th total of 3,300 shares. Based on an average daily volume of 3,900 shares, the short-interest ratio is currently 1.1 days.
LifeMD Stock Down 0.1 %
LFMDP stock traded down $0.01 during mid-day trading on Thursday, reaching $14.34. 813 shares of the stock traded hands, compared to its average volume of 3,738. LifeMD has a 52 week low of $12.60 and a 52 week high of $18.63. The business has a 50-day moving average of $14.65 and a two-hundred day moving average of $14.18.
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The company also recently declared a dividend, which was paid on Tuesday, January 17th. Shareholders of record on Friday, January 6th were issued a dividend of $0.5547 per share. This represents a yield of 15.96%. The ex-dividend date was Thursday, January 5th.
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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