Waldencast plc (NASDAQ:WALDW) Short Interest Update

Waldencast plc (NASDAQ:WALDW) was the recipient of a large decline in short interest in the month of December. As of December 31st, there was short interest totalling 18,000 shares, a decline 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 5.9 %

Shares of WALDW opened at $0.11 on Tuesday. The firm’s fifty day simple moving average is $0.14 and its two-hundred day simple moving average is $0.15. Waldencast has a 12 month low of $0.09 and a 12 month 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.