CVI Holdings LLC Makes New $711,000 Investment in Surrozen, Inc. (NASDAQ:SRZN)

CVI Holdings LLC bought a new position in shares of Surrozen, Inc. (NASDAQ:SRZN) in the second quarter, Holdings Channel reports. The firm bought 64,905 shares of the company’s stock, valued at approximately $711,000. Surrozen accounts for 0.6% of CVI Holdings LLC’s portfolio, making the stock its 23rd largest position.

Separately, Armistice Capital LLC bought a new stake in Surrozen during the second quarter worth approximately $2,080,000. 66.57% of the stock is owned by hedge funds and other institutional investors.

Surrozen Stock Down 0.8 %

Shares of Surrozen stock opened at $10.25 on Friday. The stock has a 50 day moving average price of $8.51 and a two-hundred day moving average price of $10.02. Surrozen, Inc. has a 12-month low of $4.50 and a 12-month high of $16.19.

Surrozen (NASDAQ:SRZN) last announced its earnings results on Monday, August 12th. The company reported ($1.54) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($2.79) by $1.25. On average, analysts predict that Surrozen, Inc. will post -9.49 EPS for the current fiscal year.

Surrozen Company Profile

Surrozen, Inc, a clinical stage biotechnology company, discovers and develops drug candidates to selectively modulate the Wnt pathway for tissue repair. The company is developing antibody-based therapeutics which targets various disease areas, including diseases of the intestine, liver, retina, cornea, lung, kidney, cochlea, skin, pancreas, and central nervous system.