Revance Therapeutics Inc (RVNC)

[10nisman]

If I had to guess, I would think the shorts expect the FDA or the FTC to issue some sort of warning to Revance on the nature of its duration claims.

Most shorts are hedge funds that also have long positions and thus, there's a wide variety of reasons why they may be short RVNC. Some may be betting the eventual launch may not go well, some might be doing a pairs trade (long EOLS and short RVNC), some may have a negative view on Biotech and are shorting a basket of names, etc.