STRATA Skin Sciences, Inc. (NASDAQ:SSKN) Short Interest Down 16.7% in December

STRATA Skin Sciences, Inc. (NASDAQ:SSKN) was the recipient of a significant decline in short interest in 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 trading volume of 10,700 shares, the short-interest ratio is currently 0.4 days. Currently, 0.2% of the company’s shares are sold short.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in STRATA Skin Sciences stock. Azzad Asset Management Inc. ADV bought a new position in STRATA Skin Sciences, Inc. (NASDAQ:SSKN) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor 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 quarter. Institutional investors and hedge funds own 32.43% of the company’s stock.

STRATA Skin Sciences Trading Up 1.9 %

Shares of STRATA Skin Sciences stock traded up $0.06 during trading hours on Thursday, hitting $3.03. The company’s stock had a trading volume of 2,464 shares, compared to its average volume of 4,396. STRATA Skin Sciences has a 12 month low of $2.51 and a 12 month high of $6.00. The company has a debt-to-equity ratio of 1.62, a current ratio of 1.13 and a quick ratio of 0.94. The company has a market capitalization of $12.61 million, a PE ratio of -1.14 and a beta of 1.34. The stock has a 50 day moving average of $3.01 and a 200 day moving average of $3.05.

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.