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

STRATA Skin Sciences, Inc. (NASDAQ:SSKN) was the target of a large decline in short interest during the month of December. As of December 31st, there was short interest totalling 4,500 shares, a decline of 16.7% from the December 15th total of 5,400 shares. Based on an average daily volume of 10,700 shares, the short-interest ratio is currently 0.4 days. Approximately 0.2% of the company’s stock are short sold.

Institutional Investors Weigh In On STRATA Skin Sciences

An institutional investor recently bought a new position in STRATA Skin Sciences stock. Azzad Asset Management Inc. ADV purchased a new stake in shares of STRATA Skin Sciences, Inc. (NASDAQ:SSKN) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 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 at the end of the most recent reporting period. Institutional investors and hedge funds own 32.43% of the company’s stock.

STRATA Skin Sciences Stock Down 1.7 %

Shares of STRATA Skin Sciences stock traded down $0.05 on Friday, hitting $2.91. The company had a trading volume of 4,247 shares, compared to its average volume of 10,309. STRATA Skin Sciences has a 1 year low of $2.51 and a 1 year high of $6.00. The company has a debt-to-equity ratio of 1.62, a quick ratio of 0.94 and a current ratio of 1.13. The stock has a 50 day moving average of $3.00 and a 200-day moving average of $3.05. The stock has a market capitalization of $12.13 million, a price-to-earnings ratio of -1.09 and a beta of 1.34.

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.