The Westaim Co. (OTCMKTS:WEDXF) Short Interest Update

The Westaim Co. (OTCMKTS:WEDXF) was the target of a significant decrease in short interest during the month of 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 Price Performance

OTCMKTS WEDXF opened at $3.55 on Monday. The stock’s 50 day simple moving average is $3.36 and its 200-day simple moving average is $3.09. The company has a market cap of $455.01 million, a PE ratio of 12.24 and a beta of 0.47. Westaim has a 1-year low of $2.55 and a 1-year high of $3.70.

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.