Top 10 sectors that are the most expensive to borrow and short
Seeking Alpha Analyst Since 2010
As of May 12, Life Sciences was the most expensive sector to borrow and short. On average, the cost to short stocks in the sector was 1,595 basis points annualized. The most expensive stocks in the sector are APRICUS BIOSCIENCES INC (APRI), RADIENT PHARMACEUTICALS CORP (RPC), PURE BIOSCIENCE INC (OTC:PURE), BIOANALYTICAL SYS INC (BASI), ARROWHEAD RESH CORP (ARWR), ACCELR8 TECHNOLOGY CORP (AXK), GENETIC TECHNOLOGIES LTD (GENE), BG MEDICINE INC (OTC:BGMD), COMPUGEN LTD (CGEN), and BIODELIVERY SCIENCES INTL IN (BDSI).
The most expensive stocks to borrow and short in the Pharmaceutical sector are SOMAXON PHARMACEUTICALS INC (SOMX), AVANIR PHARMACEUTICALS INC (AVNR), ADEONA PHARMACEUTICALS INC (AEN), SKYSTAR BIO-PHARMA CO (OTC:SKBI), NEOSTEM INC (NBS), REPROS THERAPEUTICS INC (RPRX),
BIODEL INC (BIOD), AOXING PHARMACEUTICAL CO INC (AXN), OCULUS INNOVATIVE SCIENCES I (OCLS), and CADENCE PHARMACEUTICALS INC (CADX).
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