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

STRATA Skin Sciences, Inc. (NASDAQ:SSKN) was the recipient of a significant increase in short interest during the month of 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. Based on an average daily volume of 11,900 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.3% of the company’s stock are short sold.

STRATA Skin Sciences Stock Up 4.0 %

SSKN stock traded up $0.12 during trading on Friday, hitting $3.15. 14,176 shares of the company’s stock were exchanged, compared to its average volume of 12,000. The business has a 50-day moving average price of $3.00 and a two-hundred day moving average price of $3.17. The stock has a market capitalization of $13.14 million, a price-to-earnings ratio of -1.18 and a beta of 1.32. STRATA Skin Sciences has a 52-week low of $2.51 and a 52-week high of $6.96. The company has a current ratio of 1.13, a quick ratio of 0.94 and a debt-to-equity ratio of 1.62.

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 acquired a new stake in STRATA Skin Sciences, Inc. (NASDAQ:SSKN) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 12,000 shares of the medical device company’s stock, valued at approximately $33,000. Azzad Asset Management Inc. ADV owned about 0.34% of STRATA Skin Sciences at the end of the most recent quarter. Institutional investors own 32.43% of the company’s stock.

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.