The Westaim Co. (OTCMKTS:WEDXF) Short Interest Up 25.0% in February

The Westaim Co. (OTCMKTS:WEDXF) was the target of a significant increase in short interest in February. As of February 15th, there was short interest totalling 3,000 shares, an increase of 25.0% from the January 31st total of 2,400 shares. Based on an average daily volume of 25,000 shares, the days-to-cover ratio is presently 0.1 days.

Westaim Stock Down 3.2 %

Westaim stock opened at $21.89 on Wednesday. Westaim has a 12-month low of $15.30 and a 12-month high of $25.98. The business’s 50-day moving average price is $18.66 and its two-hundred day moving average price is $8.69. The stock has a market cap of $467.61 million, a PE ratio of 12.58 and a beta of 0.43.

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.