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Thursday, 08/15/2013 12:29:04 PM

Thursday, August 15, 2013 12:29:04 PM

Post# of 67
Arena Approaches 50% Institutional Ownership
Aug 15 2013, 12:08 | by Spencer Osborne | about:ARNA
includes:OREX, VVUS
Arena Pharmaceuticals (ARNA) is approaching 50% institutional ownership. The company currently sits just below the magic number at 49% according to data recently updated by Nasdaq, and through June 30th of this year. Because the data is trailing, the company could already be over the 50% mark. We will not know that for a few more months.