Vascular Biogenics Ltd. (NASDAQ:VBLT)
Number of Hedge Fund Holders: 3
Share Price as of November 29: $0.15
Vascular Biogenics Ltd. (NASDAQ:VBLT) is another clinical-stage biopharmaceutical company on our list. It develops therapeutics for the treatment of cancer and immune-inflammatory diseases in Israel and the US.
This November, Vascular Biogenics Ltd. (NASDAQ:VBLT) reported that for the third quarter, its EPS of -$0.12 was in line with estimates, while its $0.5 million revenue was up 150% year-over-year and beat estimates by $0.3 million. The company's cash, cash equivalents, short-term bank deposits, and restricted bank deposits stood at $27.7 million. This figure is expected to fund the company's current operating expenses and capital expenditures for at least 12 months.
Our hedge fund data shows three funds long Vascular Biogenics Ltd. (NASDAQ:VBLT) in the third quarter and four funds long the stock in the previous quarter. Their total stake values were $84,000 and $7.2 million, respectively.
