LifeMD, Inc. (NASDAQ:LFMDP – Get Free Report) was the recipient of a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 4,168 shares, a growth of 59.1% from the May 14th total of 2,619 shares. Based on an average trading volume of 1,476 shares, the days-to-cover ratio is presently 2.8 days.
LifeMD Trading Up 1.1%
NASDAQ LFMDP traded up $0.27 on Tuesday, hitting $23.63. The company’s stock had a trading volume of 2,871 shares, compared to its average volume of 2,160. The company’s 50-day moving average is $23.71 and its 200 day moving average is $22.95. LifeMD has a 1-year low of $18.50 and a 1-year high of $24.34.
LifeMD Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Friday, April 3rd were issued a $0.5547 dividend. This represents a $2.22 dividend on an annualized basis and a yield of 9.4%. The ex-dividend date was Thursday, April 2nd.
LifeMD Company Profile
LifeMD Inc is a telehealth provider offering personalized virtual medical and wellness services via its digital platform. The company connects patients with licensed healthcare professionals for consultations, diagnosis, and treatment across a broad spectrum of health needs. Through a subscription-based model, LifeMD delivers ongoing support for chronic condition management, preventive care and general health maintenance, aiming to improve access to care and enhance patient convenience.
The company’s service offerings include remote consultations in primary care, hormone replacement therapy, sexual health, weight management, mental wellness and dermatology.
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