STRATA Skin Sciences, Inc. (NASDAQ:SSKN) Short Interest Update

STRATA Skin Sciences, Inc. (NASDAQ:SSKN) was the target of a significant increase in short interest in November. As of November 15th, there was short interest totalling 7,000 shares, an increase of 27.3% from the October 31st total of 5,500 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 11,900 shares, the days-to-cover ratio is currently 0.6 days.

Hedge Funds Weigh In On STRATA Skin Sciences

An institutional investor recently bought a new position in STRATA Skin Sciences stock. Azzad Asset Management Inc. ADV acquired a new position in shares of STRATA Skin Sciences, Inc. (NASDAQ:SSKN) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 12,000 shares of the medical device company’s stock, valued at approximately $33,000. Azzad Asset Management Inc. ADV owned approximately 0.34% of STRATA Skin Sciences as of its most recent filing with the Securities & Exchange Commission. 32.43% of the stock is currently owned by hedge funds and other institutional investors.

STRATA Skin Sciences Price Performance

Shares of SSKN traded up $0.12 during midday trading on Friday, reaching $3.15. The stock had a trading volume of 14,176 shares, compared to its average volume of 12,000. The company has a market capitalization of $13.14 million, a price-to-earnings ratio of -1.18 and a beta of 1.32. The company has a current ratio of 1.13, a quick ratio of 0.94 and a debt-to-equity ratio of 1.62. The company’s 50-day moving average is $3.00 and its 200 day moving average is $3.17. STRATA Skin Sciences has a 12-month low of $2.51 and a 12-month high of $6.96.

STRATA Skin Sciences Company Profile

STRATA Skin Sciences, Inc, a medical technology company, develops, commercializes, and markets products for the treatment of dermatologic conditions in the United States, Europe, the Middle East, Asia, Australia, South Africa, and Central and South America. The company operates in two segments, Dermatology Recurring Procedures and Dermatology Procedures Equipment.