Waldencast plc (NASDAQ:WALDW) Short Interest Update

Waldencast plc (NASDAQ:WALDW) saw a significant decline in short interest in the month of September. As of September 15th, there was short interest totalling 25,100 shares, a decline of 16.6% from the August 31st total of 30,100 shares. Based on an average trading volume of 7,100 shares, the days-to-cover ratio is currently 3.5 days.

Hedge Funds Weigh In On Waldencast

A hedge fund recently raised its stake in Waldencast stock. Clear Street LLC raised its position in Waldencast plc (NASDAQ:WALDW) by 21.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 148,207 shares of the company’s stock after buying an additional 25,757 shares during the period. Clear Street LLC’s holdings in Waldencast were worth $144,000 at the end of the most recent reporting period.

Waldencast Stock Up 1.6 %

WALDW opened at $0.16 on Monday. The company has a fifty day moving average of $0.15 and a two-hundred day moving average of $0.29. Waldencast has a fifty-two week low of $0.09 and a fifty-two week high of $1.24.

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.