Valeant Pharma (VRX) Shares Remain Volatile as Chatter Continues

November 2, 2016 3:13 PM EDT

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Valeant Pharma (NYSE: VRX) shares are active again following news that the company might sell its eye-surgery equipment unit.

The stock is down around 10 percent, following a 33.7 percent gain on Monday and 12.4 percent drop last Friday. That would mean three sessions of double-digit moves.

Notably, short interest recently rose to 30.65 million shares, or 9 percent of float, as of mid-October.

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