They are, but they're nowhere near as common. They tend to be called waist or waisted shorts.
Examples at W*ggle:
https://www.wiggle.com/c/cycle/clothing/shorts/waist-shorts
Ahh brilliant, thanks!
@ACRe19 started
London Fixed Gear and Single-Speed is a community of fixed gear and single-speed cyclists.
They are, but they're nowhere near as common. They tend to be called waist or waisted shorts.
Examples at W*ggle:
https://www.wiggle.com/c/cycle/clothing/shorts/waist-shorts