Waldencast plc (NASDAQ:WALDW) Short Interest Up 52.4% in December

Waldencast plc (NASDAQ:WALDW) was the recipient of a large growth in short interest in December. As of December 15th, there was short interest totalling 31,400 shares, a growth of 52.4% from the November 30th total of 20,600 shares. Based on an average daily trading volume, of 14,500 shares, the days-to-cover ratio is presently 2.2 days.

Waldencast Price Performance

WALDW opened at $0.14 on Monday. Waldencast has a 1-year low of $0.09 and a 1-year high of $0.98. The company has a 50-day moving average of $0.13 and a 200-day moving average of $0.16.

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.