The Westaim Co. (OTCMKTS:WEDXF - Get Free Report) was the recipient of a large growth in short interest in December. As of December 15th, there was short interest totalling 71,900 shares, a growth of 74.9% from the November 30th total of 41,100 shares. Based on an average trading volume of 185,100 shares, the days-to-cover ratio is currently 0.4 days.
Westaim Stock Performance
Westaim stock traded down $17.84 during midday trading on Friday, reaching $3.55. 41,702 shares of the company were exchanged, compared to its average volume of 6,913. The firm's 50-day simple moving average is $3.56 and its 200-day simple moving average is $3.17. Westaim has a 1 year low of $3.55 and a 1 year high of $22.36. The company has a market capitalization of $455.01 million, a price-to-earnings ratio of 12.24 and a beta of 0.45.
About Westaim
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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.
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