Adolor is Among the Companies in the Pharmaceuticals Industry With the Smallest Short Interest (ADLR, SNY, TEVA, BVF, GSK)
Below are the top five companies in the Pharmaceuticals industry ranked by the lowest short interest ratio. A low short interest ratio may indicate that there are only a few people who are bearish on the stock.
Adolor (NASDAQ:ADLR) has a short interest ratio of 0.6 based on average daily volume of 575,000 shares and 336,000 shares short. That equates to 0.7% of the 46.4 million shares outstanding.
Sanofi-Aventis (NYSE:SNY) has a short interest ratio of 0.9 based on average daily volume of 3 million shares and 2.8 million shares short. That equates to 0.1% of the 2.6 billion shares outstanding.
Teva Pharmaceutical Industries (NASDAQ:TEVA) has a short interest ratio of 1 based on average daily volume of 8 million shares and 8.3 million shares short. That equates to 0.9% of the 935.7 million shares outstanding.
Biovail (NYSE:BVF) has a short interest ratio of 1 based on average daily volume of 6 million shares and 6.1 million shares short. That equates to 3.9% of the 158.5 million shares outstanding.
GlaxoSmithKline (NYSE:GSK) has a short interest ratio of 1 based on average daily volume of 2 million shares and 2.9 million shares short. That equates to 0.1% of the 2.6 billion shares outstanding.
SmarTrend is bullish on shares of BVF and our subscribers were alerted to Buy on June 21, 2010 at $16.07. The stock has risen 36.2% since the alert was issued.
