​Installing/Moving/Masking C5 from directory to sub-domain?

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Hi all,

I currently have a Concrete5 installation installed in a directory on my webserver:

http://www.mydomain.com/myc5


What I'm wondering is, is there a *simple/easy* way for me to move/mask this website to a sub-domain instead of keeping it in the sub-folder? For example:

http://myc5.mydomain.com


So that my friendly-URL'd posts would look like:

http://myc5.mydomain.com/category/post-name-blah-blah


My current webhost uses cPanelX. I've setup addon domains and subdomains through it before, but I'm not sure what's involved in having the URL change to the subdomain path.

Thanks in advance for any help! :)