LifeMD, Inc. (NASDAQ:LFMDP – Get Free Report) was the target of a significant increase in short interest in August. As of August 31st, there was short interest totaling 3,247 shares, an increase of 296.0% from the August 15th total of 820 shares. Based on an average daily volume of 1,274 shares, the short-interest ratio is presently 2.5 days.
LifeMD Stock Performance
LFMDP stock opened at $22.96 on Friday. The company has a 50 day moving average price of $23.35 and a 200 day moving average price of $23.41. LifeMD has a fifty-two week low of $18.50 and a fifty-two week high of $24.20.
LifeMD Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Friday, July 3rd were paid a $0.5547 dividend. This represents a $2.22 annualized dividend and a dividend yield of 9.7%. The ex-dividend date of this dividend was Thursday, July 2nd.
About LifeMD
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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