The Westaim Co. (OTCMKTS:WEDXF) Short Interest Down 79.8% in January

The Westaim Co. (OTCMKTS:WEDXF) was the target of a significant decline in short interest during the month of January. As of January 15th, there was short interest totalling 14,500 shares, a decline of 79.8% from the December 31st total of 71,900 shares. Based on an average trading volume of 93,700 shares, the short-interest ratio is currently 0.2 days.

Westaim Stock Down 0.3 %

WEDXF opened at $20.15 on Thursday. The company has a market cap of $2.58 billion, a P/E ratio of 69.49 and a beta of 0.45. The firm’s 50-day moving average price is $10.01 and its 200-day moving average price is $5.52. Westaim has a 52-week low of $2.55 and a 52-week high of $3.73.

Westaim (OTCMKTS:WEDXF) last released its earnings results on Tuesday, November 12th. The company reported ($0.01) earnings per share for the quarter. The company had revenue of $6.59 million for the quarter. Westaim had a return on equity of 7.76% and a net margin of 284.74%.

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.