Short Interest in STRATA Skin Sciences, Inc. (NASDAQ:SSKN) Drops By 16.7%

STRATA Skin Sciences, Inc. (NASDAQ:SSKN) was the target of a significant drop in short interest in December. As of December 31st, there was short interest totalling 4,500 shares, a drop of 16.7% from the December 15th total of 5,400 shares. Based on an average daily volume of 10,700 shares, the short-interest ratio is currently 0.4 days. Approximately 0.2% of the company’s stock are sold short.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in STRATA Skin Sciences stock. Azzad Asset Management Inc. ADV purchased a new position in STRATA Skin Sciences, Inc. (NASDAQ:SSKN) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 12,000 shares of the medical device company’s stock, valued at approximately $33,000. Azzad Asset Management Inc. ADV owned about 0.34% of STRATA Skin Sciences at the end of the most recent reporting period. 32.43% of the stock is owned by institutional investors.

STRATA Skin Sciences Stock Up 1.9 %

SSKN stock opened at $3.03 on Friday. The company has a current ratio of 1.13, a quick ratio of 0.94 and a debt-to-equity ratio of 1.62. The firm has a 50 day moving average price of $3.01 and a 200-day moving average price of $3.05. STRATA Skin Sciences has a 52-week low of $2.51 and a 52-week high of $6.00.

About STRATA Skin Sciences

STRATA Skin Sciences, Inc, a medical technology company, develops, commercializes, and markets products for the treatment of dermatologic conditions in the United States, Europe, the Middle East, Asia, Australia, South Africa, and Central and South America. The company operates in two segments, Dermatology Recurring Procedures and Dermatology Procedures Equipment.