VIVUS (VVUS) Trades Higher as QVT Financial Discloses New 9.8% Stake

September 6, 2011 3:39 PM EDT
VIVUS Inc. (Nasdaq: VVUS) is trading higher Tuesday, following disclosure of a new position in the company after the market closed last Friday.

According to a 13G SEC filing, QVT Financial LP disclosed a 9.83 percent, or 8,737,501 holding, in VIVUS. The fund did not have a position last quarter ended on June 30, 2011.

VIVUS is currently 5.5 percent higher, though it was as much as 6.5 percent stronger to $8.18 on Tuesday.

For more notable holders of Vivus, Inc. stock click here.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

13Gs, Hedge Funds

Related Entities

QVT Financial, 13G