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

LifeMD, Inc. (NASDAQ:LFMDP) saw a significant increase in short interest during the month of December. As of December 15th, there was short interest totaling 134 shares, an increase of 162.7% from the November 30th total of 51 shares. Based on an average daily volume of 1,469 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 1,469 shares, the short-interest ratio is presently 0.1 days.

LifeMD Price Performance

Shares of LifeMD stock traded up $0.02 on Friday, reaching $21.35. The stock had a trading volume of 2,847 shares, compared to its average volume of 3,530. The business’s 50-day moving average price is $23.00 and its two-hundred day moving average price is $23.55. LifeMD has a fifty-two week low of $18.50 and a fifty-two week high of $27.44.

LifeMD (NASDAQ:LFMDP) last announced its earnings results on Thursday, May 13th. The company reported ($0.38) EPS for the quarter. The company had revenue of $19.50 million for the quarter.

LifeMD Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 15th. Investors of record on Monday, January 5th will be paid a dividend of $0.5547 per share. The ex-dividend date is Monday, January 5th. This represents a $2.22 annualized dividend and a yield of 10.4%.

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.