Arrowhead Research Shares Seeing Significant Short Interest

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Shares of Arrowhead Research Corp ARWR have been increasingly shorted over the past few weeks.

33.72 percent of the float is currently short which is an 8.55 percent increase from the previous two-week reporting period.

Over the past month, the stock has fallen nearly 20 percent and recently traded at $6.20.

On January 9, the stock spiked upwards and traded as high as $9.16 before crashing to the $6 range, where it has stayed since.

With such a significant percentage of the float short, if the stock moves up on as it did in early January, it could create a short squeeze and drive the shares higher as the shorts will eventually have to be covered.

Arrowhead Research Corp recently traded at $6.20 on Monday, down 1.74 percent from Friday’s close.

Posted In: Trading Ideas
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