Enzo Biochem, Inc. (ENZ) Sees Significant Growth in Short Interest
Enzo Biochem, Inc. (NYSE:ENZ) saw a large growth in short interest in the month of March. As of March 29th, there was short interest totalling 1,091,233 shares, a growth of 42.7% from the March 15th total of 764,561 shares. Approximately 2.5% of the company’s stock are sold short. Based on an average daily trading volume, of 307,201 shares, the short-interest ratio is presently 3.6 days.
A number of hedge funds have recently modified their holdings of ENZ. Prudential Financial Inc. purchased a new stake in shares of Enzo Biochem during the 4th quarter worth $33,000. Sontag Advisory LLC purchased a new stake in shares of Enzo Biochem during the 4th quarter worth $43,000. Paradigm Financial Partners LLC purchased a new stake in shares of Enzo Biochem during the 4th quarter worth $48,000. Mraz Amerine & Associates Inc. purchased a new stake in shares of Enzo Biochem during the 4th quarter worth $50,000. Finally, Rhumbline Advisers lifted its position in shares of Enzo Biochem by 46.4% during the 4th quarter. Rhumbline Advisers now owns 60,542 shares of the medical research company’s stock worth $168,000 after purchasing an additional 19,181 shares during the last quarter. 67.28% of the stock is owned by institutional investors.
Shares of ENZ stock opened at $3.58 on Friday. The company has a current ratio of 3.83, a quick ratio of 3.38 and a debt-to-equity ratio of 0.07. Enzo Biochem has a 52 week low of $2.32 and a 52 week high of $6.89.
About Enzo Biochem
Enzo Biochem, Inc, an integrated diagnostic bioscience company, researches, develops, manufactures, and markets diagnostic and research products based on genetic engineering, biotechnology, and molecular biology. It operates in three segments: Life Sciences Products, Clinical Laboratory Services, and Therapeutics.
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