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

The Westaim Co. (OTCMKTS:WEDXF) was the recipient of a significant decrease in short interest in November. As of November 15th, there was short interest totalling 26,300 shares, a decrease of 20.8% from the October 31st total of 33,200 shares. Based on an average trading volume of 347,600 shares, the days-to-cover ratio is presently 0.1 days.

Westaim Stock Performance

Shares of OTCMKTS WEDXF opened at $3.55 on Friday. The business has a fifty day moving average of $3.36 and a two-hundred day moving average of $3.09. Westaim has a 52-week low of $2.55 and a 52-week high of $3.70. The stock has a market cap of $455.00 million, a PE ratio of 12.24 and a beta of 0.47.

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.