1175 days ago • Posted by William Ramstein
Europe's most shorted stocks also see share prices rise
While Europe shares are not seeing the same level of volatility as the US market, shares in Evotec surged as much as 30% earlier this week after the drug discovery and development firm won a $28.6 million U.S. contract, though it pared the gain to 2.4%. Bearish speculators have sold short 17.4% of the company’s shares available for trading, according to data from IHS Markit Ltd. Source: Bloomberg