24/7 Wall St. Biotech Report: Short-Selling And Splits (AMGN)(CELG)

Short sellers moved out of biotech stocks in the latest period according to Biohealth Investor. The short interest in Amgen (AMGN) dropped 22% and Calgene (CELG) fell 20%. Alexion Pharmaceuticals (ALXN) split its shares 2-for-1 stock. The company’s stock has…

Published August 13, 2008, 5:49am ET · 1 min read

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Windmill_2_lgShort sellers moved out of biotech stocks in the latest period according to Biohealth Investor.

The short interest in Amgen (AMGN) dropped 22% and Calgene (CELG) fell 20%.

Alexion Pharmaceuticals (ALXN) split its shares 2-for-1 stock.

The company’s stock has done well as this was in the mid-$70’s in mid-July and shares put in a new 52-week and multi-year high this week with shares briefly trading above $95.00.

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McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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