Short Interest in Polyrizon Ltd. (NASDAQ:PLRZ) Declines By 47.2%
by Scott Moore · The Cerbat GemPolyrizon Ltd. (NASDAQ:PLRZ – Get Free Report) saw a significant decline in short interest in the month of April. As of April 30th, there was short interest totaling 35,463 shares, a decline of 47.2% from the April 15th total of 67,203 shares. Based on an average daily volume of 70,232 shares, the short-interest ratio is presently 0.5 days. Currently, 1.9% of the shares of the company are sold short.
Hedge Funds Weigh In On Polyrizon
An institutional investor recently bought a new position in Polyrizon stock. Jane Street Group LLC purchased a new position in Polyrizon Ltd. (NASDAQ:PLRZ – Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 14,032 shares of the company’s stock, valued at approximately $119,000. Jane Street Group LLC owned about 1.35% of Polyrizon at the end of the most recent reporting period.
Wall Street Analyst Weigh In
A number of analysts recently weighed in on the stock. Wall Street Zen raised shares of Polyrizon from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Polyrizon in a report on Monday, May 4th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, Polyrizon has an average rating of “Sell”.
Read Our Latest Research Report on Polyrizon
Polyrizon Stock Performance
Polyrizon stock traded down $0.22 during midday trading on Friday, reaching $14.80. 27,517 shares of the stock were exchanged, compared to its average volume of 60,116. The company’s fifty day moving average is $13.49 and its 200-day moving average is $11.42. Polyrizon has a 52 week low of $2.88 and a 52 week high of $18.20.
Polyrizon (NASDAQ:PLRZ – Get Free Report) last posted its earnings results on Saturday, February 14th. The company reported ($2.81) earnings per share for the quarter.
Polyrizon Company Profile
Polyrizon Ltd. is a development stage biotech company specializing in the development of medical device hydrogels delivered in the form of nasal sprays. Polyrizon Ltd. is based in Raanana, Israel.