The Westaim Co. (OTCMKTS:WEDXF) Short Interest Down 40.0% in February

The Westaim Co. (OTCMKTS:WEDXF) was the target of a large decline in short interest in the month of February. As of February 28th, there was short interest totalling 1,800 shares, a decline of 40.0% from the February 13th total of 3,000 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 18,200 shares, the days-to-cover ratio is presently 0.1 days.

Westaim Stock Up 0.3 %

Shares of WEDXF traded up $0.06 on Friday, hitting $21.16. The company’s stock had a trading volume of 1,212 shares, compared to its average volume of 10,128. The firm’s fifty day moving average price is $21.57 and its 200-day moving average price is $9.84. Westaim has a fifty-two week low of $15.30 and a fifty-two week high of $25.98. The firm has a market capitalization of $452.02 million, a price-to-earnings ratio of 12.16 and a beta of 0.39.

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.