The Westaim Co. (OTCMKTS:WEDXF) Sees Significant Decline in Short Interest

The Westaim Co. (OTCMKTS:WEDXF) was the recipient of a significant decrease in short interest in the month of November. As of November 15th, there was short interest totalling 26,300 shares, a decrease of 20.8% from the October 31st total of 33,200 shares. Based on an average daily trading volume, of 347,600 shares, the short-interest ratio is presently 0.1 days.

Westaim Trading Down 0.3 %

Shares of WEDXF opened at $3.55 on Friday. The firm’s fifty day simple moving average is $3.35 and its 200-day simple moving average is $3.08. The firm has a market capitalization of $455.00 million, a price-to-earnings ratio of 12.24 and a beta of 0.47. Westaim has a twelve month low of $2.55 and a twelve month high of $3.70.

About Westaim

The Westaim Corporation is a private equity firm specializing in direct and indirect investments through acquisitions, joint ventures, secondary investments both direct and indirect, fund of fund investments, and other arrangements. For direct investments, the firm invests in early venture, mid venture, late venture, middle market, later stage, mature, emerging growth, PIPEs, and buyout transactions.