Anthera Pharmaceuticals Inc. (ANTH) Soars 15.46%

Anthera Pharmaceuticals Inc. (ANTH) had a good day on the market for Tuesday October 15 as shares jumped 15.46% to close at $0.06. About 2,776 shares traded hands on 8 trades for the day, compared with an average daily volume of n/a shares out of a total float of 26.18 million. After opening the trading day at $0.06, shares of Anthera Pharmaceuticals Inc. stayed within a range of $0.06 to $0.04.

With today’s gains, Anthera Pharmaceuticals Inc. now has a market cap of $1.47 million. Shares of Anthera Pharmaceuticals Inc. have been trading within a range of $0.10 and $0.01 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Anthera Pharmaceuticals Inc is a biopharmaceutical company that focuses on developing and commercializing products to treat serious diseases associated with inflammation, including cardiovascular and autoimmune diseases. The company currently has one Phase 3-ready clinical program and two Phase 2 clinical programs. It was established in 2004.

Anthera Pharmaceuticals Inc. is based out of Hayward, CA and has some 21 employees. Its CEO is John Thompson.

Anthera Pharmaceuticals Inc. is also a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It’s maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell’s indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It’s a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

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