Enanta Pharmaceuticals Inc (ENTA): Enanta Pharmaceuticals Added To The NASD...

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Double_Bagel

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Tuesday, 12/16/2014 3:51:32 AM

Tuesday, December 16, 2014 3:51:32 AM

Enanta Pharmaceuticals Added To The NASDAQ Biotechnology Index

http://www.thestreet.com/story/12984966/1/enanta-pharmaceuticals-added-to-the-nasdaq-biotechnology-index.html

Enanta Pharmaceuticals, Inc., (NASDAQ:ENTA), a research and development-focused biotechnology company dedicated to creating small molecule drugs in the infectious disease field, today announced that it was selected for addition to the NASDAQ Biotechnology Index (NASDAQ:NBI). NASDAQ has announced that the annual re-ranking of the NASDAQ Biotechnology Index will become effective upon market open on December 22, 2014.

The NASDAQ Biotechnology Index is designed to track the performance of a set of NASDAQ-listed securities that are classified as either biotechnology or pharmaceutical according to the Industry Classification Benchmark.

Not bad. Hopefully that and the approval helps push this over $50 and leads to more short covering.