Waldencast (NASDAQ:WALDW) Shares Up 4.8%

Waldencast plc (NASDAQ:WALDWGet Free Report)’s share price shot up 4.8% during trading on Wednesday . The stock traded as high as $0.49 and last traded at $0.49. 895 shares were traded during trading, a decline of 87% from the average session volume of 6,826 shares. The stock had previously closed at $0.47.

Waldencast Trading Down 8.0 %

The firm has a 50-day moving average price of $0.58 and a 200 day moving average price of $0.68.

Institutional Investors Weigh In On Waldencast

Several institutional investors have recently bought and sold shares of the stock. Wolverine Asset Management LLC boosted its holdings in Waldencast by 224.8% during the 4th quarter. Wolverine Asset Management LLC now owns 31,946 shares of the company’s stock valued at $31,000 after acquiring an additional 22,109 shares during the period. Clear Street LLC boosted its holdings in Waldencast by 21.0% during the 4th quarter. Clear Street LLC now owns 148,207 shares of the company’s stock valued at $144,000 after acquiring an additional 25,757 shares during the period. Cowen AND Company LLC purchased a new stake in Waldencast during the 3rd quarter valued at about $55,000. Highbridge Capital Management LLC boosted its holdings in Waldencast by 4.4% during the 4th quarter. Highbridge Capital Management LLC now owns 2,419,141 shares of the company’s stock valued at $2,347,000 after acquiring an additional 101,592 shares during the period. Finally, Walleye Capital LLC lifted its holdings in Waldencast by 28.0% in the 3rd quarter. Walleye Capital LLC now owns 576,962 shares of the company’s stock worth $518,000 after buying an additional 126,257 shares during the period.

About Waldencast

(Get Free Report)

Waldencast plc operates in the beauty and wellness business. The company engages in developing, acquiring, accelerating, and scaling various brands. It provides cosmetic, over-the-counter, and prescription products under the Obagi Medical, Obagi Clinical, and Obagi Professional brands; and a Skintrinsiq device for use in facial treatments that is used by physicians' offices, spas, and aestheticians.

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