LifeMD, Inc. (NASDAQ:LFMDP) Sees Significant Decline in Short Interest

LifeMD, Inc. (NASDAQ:LFMDP) was the recipient of a significant decrease in short interest in the month of December. As of December 15th, there was short interest totalling 400 shares, a decrease of 50.0% from the November 30th total of 800 shares. Based on an average daily trading volume, of 1,800 shares, the short-interest ratio is presently 0.2 days.

LifeMD Trading Up 0.8 %

Shares of NASDAQ:LFMDP traded up $0.18 during trading hours on Friday, reaching $22.23. The stock had a trading volume of 2,555 shares, compared to its average volume of 6,260. LifeMD has a 1 year low of $17.15 and a 1 year high of $25.00. The firm’s 50 day moving average is $22.40 and its 200-day moving average is $22.32.

LifeMD Company Profile

LifeMD, Inc operates as a direct-to-patient telehealth company that connects consumers to healthcare professionals for medical care in the United States. The company offers telehealth platform comprising RexMD, a men's telehealth brand that provides access to virtual medical treatment for a variety of men's health needs from licensed physician; ShapiroMD that provides virtual medical treatment, prescription medications, patented doctor formulated OTC products, topical compounded medications, and medical devices treating male and female hair loss; NavaMD, a female-oriented tele-dermatology that offers virtual medical treatment from dermatologists and other providers; and prescription oral and compounded topical medications to treat aging and acne; and Cleared which provides personalized treatments for allergy, asthma and immunology, including in-home tests for both environmental and food allergies, prescriptions for allergies and asthma and immunotherapies for treating chronic allergies.