STRATA Skin Sciences, Inc. (NASDAQ:SSKN) Sees Significant Drop in Short Interest

STRATA Skin Sciences, Inc. (NASDAQ:SSKN) was the target of a significant decrease in short interest during the month of November. As of November 30th, there was short interest totalling 5,800 shares, a decrease of 17.1% from the November 15th total of 7,000 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average trading volume of 11,200 shares, the short-interest ratio is currently 0.5 days.

STRATA Skin Sciences Stock Down 2.9 %

SSKN stock opened at $2.99 on Monday. The company has a quick ratio of 0.94, a current ratio of 1.13 and a debt-to-equity ratio of 1.62. The firm’s 50-day simple moving average is $3.02 and its 200 day simple moving average is $3.10. The stock has a market cap of $12.47 million, a PE ratio of -1.13 and a beta of 1.32. STRATA Skin Sciences has a fifty-two week low of $2.51 and a fifty-two week high of $6.90.

Institutional Investors Weigh In On STRATA Skin Sciences

A hedge fund recently bought a new stake in STRATA Skin Sciences stock. Azzad Asset Management Inc. ADV bought a new stake in STRATA Skin Sciences, Inc. (NASDAQ:SSKN) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 12,000 shares of the medical device company’s stock, valued at approximately $33,000. Azzad Asset Management Inc. ADV owned 0.34% of STRATA Skin Sciences at the end of the most recent reporting period. Institutional investors own 32.43% of the company’s stock.

About STRATA Skin Sciences

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.