Short Interest in Waldencast plc (NASDAQ:WALDW) Drops By 42.7%

Waldencast plc (NASDAQ:WALDW) was the recipient of a large decrease in short interest in January. As of January 15th, there was short interest totalling 18,000 shares, a decrease of 42.7% from the December 31st total of 31,400 shares. Based on an average daily volume of 15,200 shares, the short-interest ratio is currently 1.2 days.

Waldencast Stock Down 1.3 %

Shares of NASDAQ WALDW traded down $0.00 during mid-day trading on Thursday, hitting $0.17. 6,864 shares of the company’s stock traded hands, compared to its average volume of 5,029. The company’s 50-day moving average is $0.14 and its two-hundred day moving average is $0.14. Waldencast has a 1 year low of $0.09 and a 1 year high of $0.87.

Waldencast Company Profile

Waldencast plc operates in the beauty and wellness industry. It engages in developing, acquiring, accelerating, and scaling various brands. The company provides cosmetic, over-the-counter, and prescription products under the Obagi Medical, Obagi Clinical, and Obagi Professional brands; and a Skintrinsiq device for use in facial treatments that is used by physicians' offices, spas, and aestheticians.