RBC Capital Starts Vivus (VVUS) at Outperform
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VIVUS (VVUS) Shorts Squeezed
January 23, 2015 11:03 AM ESTVIVUS (NASDAQ: VVUS) shorts were squeezed Friday as the stock gained over 9%. Earlier RBC initiated coverage with an Outperform rating and a price target of $6. Notably, short interest in VIVUS is 34.7 million shares, or 38% of the float. Days to cover is 12.7, according to Nasdaq data from Dec. 31.
