Waldencast plc (NASDAQ:WALDW) Short Interest Down 42.7% in December

Waldencast plc (NASDAQ:WALDW) was the target of a large drop in short interest in the month of December. As of December 31st, there was short interest totalling 18,000 shares, a drop of 42.7% from the December 15th 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 4.2 %

Shares of WALDW opened at $0.12 on Thursday. The company has a 50 day moving average price of $0.14 and a 200-day moving average price of $0.15. Waldencast has a fifty-two week low of $0.09 and a fifty-two week high of $0.98.

About Waldencast

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.