ZyVersa Therapeutics, Inc. (NASDAQ:ZVSA – Get Free Report) was the target of a significant decrease in short interest in September. As of September 15th, there was short interest totalling 17,900 shares, a decrease of 63.9% from the August 31st total of 49,600 shares. Based on an average daily trading volume, of 145,600 shares, the days-to-cover ratio is presently 0.1 days. Approximately 1.7% of the shares of the stock are short sold.
ZyVersa Therapeutics Stock Up 1.4 %
ZyVersa Therapeutics stock opened at $2.19 on Wednesday. ZyVersa Therapeutics has a 52-week low of $2.08 and a 52-week high of $62.30. The company has a fifty day simple moving average of $3.02 and a 200-day simple moving average of $4.71.
ZyVersa Therapeutics (NASDAQ:ZVSA – Get Free Report) last released its earnings results on Friday, August 9th. The company reported ($3.31) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($5.20) by $1.89. Equities analysts anticipate that ZyVersa Therapeutics will post -22.7 EPS for the current fiscal year.
ZyVersa Therapeutics Company Profile
ZyVersa Therapeutics, Inc, a clinical stage biopharmaceutical company, develops and commercializes products for the treatment of renal and inflammatory diseases. The company develops drug development platforms, including Cholesterol Efflux Mediator VAR 200, an injectable drug, which is in Phase 2a clinical trial to the treatment of renal indications, such as focal segmental glomerulosclerosis, alport syndrome, and diabetic kidney diseases; and Inflammasome ASC Inhibitor IC 100, a humanized monoclonal antibody that is in preclinical stage for treatment of inflammatory diseases comprising acute respiratory syndrome, multiple sclerosis, IgA neuropathy, pancreatic cancer, Parkinson's and Huntington's disease, atherosclerosis, Alzheimer's disease, and obesity.
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