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Short Interest in CloudMD Software & Services Inc. (OTCMKTS:DOCRF) Expands By 19.0%

Defense World ·  Sep 18, 2022 01:31

CloudMD Software & Services Inc. (OTCMKTS:DOCRF – Get Rating) was the recipient of a significant growth in short interest in August. As of August 31st, there was short interest totalling 632,500 shares, a growth of 19.0% from the August 15th total of 531,500 shares. Based on an average trading volume of 157,600 shares, the short-interest ratio is currently 4.0 days.

CloudMD Software & Services Stock Performance

DOCRF stock opened at $0.24 on Friday. CloudMD Software & Services has a 1-year low of $0.22 and a 1-year high of $1.44. The firm has a fifty day moving average price of $0.29 and a two-hundred day moving average price of $0.39.

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Wall Street Analyst Weigh In

Several research firms recently issued reports on DOCRF. Canaccord Genuity Group cut shares of CloudMD Software & Services from a "buy" rating to a "hold" rating in a report on Thursday, August 18th. KeyCorp began coverage on shares of CloudMD Software & Services in a research note on Thursday. They set a "sector weight" rating for the company.

CloudMD Software & Services Company Profile

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CloudMD Software & Services Inc operates as a healthcare technology company in North America. The company operates through three segments: Clinic Services & Pharmacies, Digital Health Services, and Enterprise Health Solutions. It offers enterprise health solutions, including mental health support, healthcare navigation, rehabilitation and assessments, education, and absence management and occupational health.

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