Surrozen, Inc. (NASDAQ:SRZNW – Get Free Report) was the recipient of a significant decrease in short interest in the month of December. As of December 15th, there was short interest totaling 38,172 shares, a decrease of 49.3% from the November 30th total of 75,217 shares. Based on an average daily volume of 16,440 shares, the days-to-cover ratio is presently 2.3 days. Based on an average daily volume of 16,440 shares, the days-to-cover ratio is presently 2.3 days.
Surrozen Trading Down 22.8%
NASDAQ:SRZNW opened at $0.02 on Friday. The company has a fifty day moving average of $0.02 and a 200 day moving average of $0.02. Surrozen has a 52 week low of $0.00 and a 52 week high of $0.09.
Surrozen Company Profile
Surrozen, Inc is a clinical-stage biotechnology company headquartered in South San Francisco, California, focused on the discovery and development of novel therapeutics that harness the Wnt signaling pathway. The company employs a proprietary “surrogate agonist” platform to engineer bispecific antibodies that mimic natural Wnt ligands by concurrently engaging Frizzled receptors and LRP5/6 co-receptors. This approach is designed to promote tissue regeneration and modulate cellular pathways implicated in fibrosis and oncology.
Surrozen’s lead program is advancing in fibrotic disease, where restoring proper Wnt signaling may support the repair of damaged tissues in conditions such as idiopathic pulmonary fibrosis.
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