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

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

Westaim Price Performance

OTCMKTS WEDXF opened at $20.19 on Wednesday. The firm’s fifty day moving average price is $6.33 and its 200 day moving average price is $4.20. Westaim has a 12 month low of $2.55 and a 12 month high of $3.73. The company has a market capitalization of $2.59 billion, a price-to-earnings ratio of 69.62 and a beta of 0.45.

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.