Arrowhead Research Making Late-Day Run

Shares of Arrowhead Research ARWR are trading higher on the session by 0.96%, at $0.525. The name gapped lower at the opening on razor thin volume and hit a low of $0.51. Arrowhead Research is now seeing respectable blocks trades hit the tape, pushing shares higher late in the day. A break of the $0.54 level to the upside would bring in a plethora of buyers, which would likely have shares retesting the $0.65 gap high set a few weeks ago. That is a potential move of 20%+ very quickly. Arrowhead Research has 1.55% short interest. Arrowhead Research Corporation is a development-stage company. Arrowhead is a nanomedicine company engaged in development therapeutic products at the interface of biology and nano-engineering to cure disease and improve human health.