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

The Westaim Co. (OTCMKTS:WEDXF) was the recipient of a significant 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 presently 0.4 days.

Westaim Stock Performance

OTCMKTS:WEDXF opened at $3.55 on Friday. The stock has a market capitalization of $455.01 million, a price-to-earnings ratio of 12.24 and a beta of 0.45. Westaim has a 1 year low of $3.55 and a 1 year high of $22.36. The stock has a fifty day moving average price of $3.56 and a two-hundred day moving average price of $3.17.

Westaim Company Profile

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.