Short sellers flock to women contraception firm Evofem post abortion ruling - S&P Global

Evofem Biosciences

20/07/2022 18:51

** Short interest in women's contraception company Evofem
Biosciences  EVFM.O  climbed sharply after the U.S. Supreme
Court struck down Roe v. Wade in June, said S&P Global Market
Intelligence
    ** Short interest in healthcare sector hit 4.32% at the end
of June, and it was the second most-shorted sector - S&P Global
    ** Evofem Biosciences was one of the most shorted company at
the end of the month topping 50%, analytics co said
    ** Retail investors have flocked to small biotech firms that
make women contraceptives after the Supreme Court decision
 urn:newsml:reuters.com:*:nL4N2YI2N3
    ** Evofem sells a non-hormonal contraception gel called
Phexxi

 (Reporting by Mrinalika Roy in Bengaluru)
 ((mrinalika.roy@thomsonreuters.com;))