In the financial blogosphere, there are lots of tools for VIVUS, Inc. (NASDAQ:VVUS) readers to track, but it’s smart to be aware of a stock’s short interest. A couple indicators typically used are: (a) the fraction of a stock’s shares that short sellers are presently short selling, in addition to (b) the difference in short selling activity.
Increased bearish shorting usually means what it implies: the market’s big players have grown less fond of the stock. Short selling that’s too high, though, sometimes has a positive effect on share price, as short sellers may be forced to buy their shares.
With that in mind, let’s take a peek at the recent info pertaining to VIVUS, Inc. (NASDAQ:VVUS).
Analyzing the most recent FINRA data, which is reported twice each month, we can discover that VIVUS, Inc. (NASDAQ:VVUS) sports a short interest of 34.80% of float. With a float of 79.19M shares, this reveals a short ratio of 11.5.
Also, insider buying is best served when the company in question has seen transactions within the past half-year. Over the latest 180-day time period, VIVUS, Inc. (NASDAQ:VVUS) has experienced zero unique insiders purchasing, and zero insider sales (see the details of insider trades here).
Let’s go over activity in other stocks similar to VIVUS, Inc. (NASDAQ:VVUS). These stocks are MannKind Corporation (NASDAQ:MNKD), PDL BioPharma Inc. (NASDAQ:PDLI), Sarepta Therapeutics Inc (NASDAQ:SRPT), Lexicon Pharmaceuticals, Inc. (NASDAQ:LXRX), and Santarus, Inc. (NASDAQ:SNTS). This group of stocks belong to the biotechnology industry and their market caps resemble VVUS’s market cap.