Short Interest in The Westaim Co. (OTCMKTS:WEDXF) Increases By 74.9%

The Westaim Co. (OTCMKTS:WEDXF) saw 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 trading volume of 185,100 shares, the short-interest ratio is presently 0.4 days.

Westaim Trading Up 0.8 %

OTCMKTS WEDXF opened at $3.57 on Friday. The firm’s fifty day simple moving average is $3.55 and its two-hundred day simple moving average is $3.17. The firm has a market capitalization of $456.93 million, a P/E ratio of 12.29 and a beta of 0.45. Westaim has a 12-month low of $2.55 and a 12-month high of $3.73.

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.