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Not every company in biotech land is loved by investors. In fact, many biotechs top the list of companies with high short interest as a percentage of float.
As of the end of February, Myriad Genetics (NASDAQ: MYGN ) was the second-most shorted company as a percentage of float. Sarepta Therapeutics (NASDAQ: SRPT ) came in at No. 9. OncoMed Pharmaceuticals (NASDAQ: OMED ) , VIVUS (NASDAQ: VVUS ) , and MannKind (NASDAQ: MNKD ) rounded out the top five most-shorted biotechs.
In the slideshow below, you can see their metrics and reasons why some investors don't like them.
Fear not if your favorite biotech makes the list; Questcor Pharmaceuticals and Ziopharm Oncology, which were in last month's list, fell back in favor -- at least somewhat -- dropping off the top-five list.
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