Deerfield Management MIRM Position
Exited6-Fund ConvergenceDeerfield Management exited their position in Mirum Pharmaceuticals Inc. (MIRM) in Q2 2023, after holding the stock for 2 quarters.
The position was first reported in Q1 2023 and has been tracked across 2 quarterly 13F filings.
MIRM is a convergence signal: 6 specialist biotech funds hold this stock, suggesting high institutional conviction.
There is an upcoming Phase 2 readout for Volixibat in 75 days (Jun 30, 2026), making the timing of Deerfield's position particularly relevant.
Short interest stands at 12.4% of float with 9.0 days to cover, indicating significant bearish positioning against the stock.
About Mirum Pharmaceuticals Inc.
Mirum Pharmaceuticals, Inc., a biopharmaceutical company, focuses on the development and commercialization of novel therapies for debilitating rare and orphan diseases. The company's lead product candidate is LIVMARLI, an investigational oral drug for the treatment of progressive familial intrahepatic cholestasis disease, as well as for the treatment of Alagille syndrome and biliary atresia disease. It also develops Volixibat drug for treatment of intrahepatic cholestasis of pregnancy and primary sclerosing cholangitis. Mirum Pharmaceuticals, Inc. was incorporated in 2018 and is headquartered in Foster City, California.
Full company profile →Short Interest
12.4%
9.0 days to cover
Deerfield Management MIRM Position History
Frequently Asked Questions
Does Deerfield Management own MIRM?
No. Deerfield Management exited their position in Mirum Pharmaceuticals Inc. (MIRM) in Q2 2023. They previously held the stock for 2 quarters.
How many hedge funds own MIRM?
6 specialist biotech hedge funds currently hold MIRM, including Eventide Asset Management, BVF Partners, Tang Capital Management and 3 more. When 3 or more specialist funds hold the same stock, BiotechEdge flags it as a convergence signal.
When did Deerfield Management first buy MIRM?
Deerfield Management's position in MIRM was first reported in Q1 2023. 13F filings are reported with a 45-day delay, so the actual purchase may have occurred earlier in the quarter.
Is Deerfield Management's MIRM position increasing or decreasing?
Deerfield Management completely exited their MIRM position in the most recent quarter.
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