The Westaim Co. (OTCMKTS:WEDXF) Short Interest Update

The Westaim Co. (OTCMKTS:WEDXF) was the recipient of a large increase in short interest in December. As of December 15th, there was short interest totalling 71,900 shares, an increase of 74.9% from the November 30th total of 41,100 shares. Based on an average daily trading volume, of 185,100 shares, the days-to-cover ratio is currently 0.4 days.

Westaim Stock Down 83.4 %

WEDXF opened at $3.55 on Friday. The firm has a market cap of $455.01 million, a P/E ratio of 12.24 and a beta of 0.45. The business’s fifty day simple moving average is $3.56 and its 200 day simple moving average is $3.17. Westaim has a 52 week low of $3.55 and a 52 week high of $22.36.

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.