Waldencast plc (NASDAQ:WALDW) Sees Large Decline in Short Interest

Waldencast plc (NASDAQ:WALDW) saw a significant 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 Price Performance

WALDW opened at $0.17 on Friday. Waldencast has a 1 year low of $0.09 and a 1 year high of $0.87. The stock has a fifty day moving average price of $0.14 and a 200 day moving average price of $0.14.

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.