Short Interest in WuXi Biologics (Cayman) Inc. (OTCMKTS:WXXWY) Expands By 118.2%

WuXi Biologics (Cayman) Inc. (OTCMKTS:WXXWY) was the target of a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 255,103 shares, a growth of 118.2% from the June 30th total of 116,931 shares. Based on an average daily volume of 144,071 shares, the days-to-cover ratio is currently 1.8 days. Currently, 0.0% of the company’s shares are sold short.

WuXi Biologics (Cayman) Stock Performance

OTCMKTS WXXWY opened at $9.81 on Wednesday. WuXi Biologics has a one year low of $7.27 and a one year high of $11.21. The company’s 50 day moving average price is $8.75 and its 200 day moving average price is $9.09.

About WuXi Biologics (Cayman)

WuXi Biologics (Cayman) Inc, trading OTC as WXXWY, is a global contract research, development and manufacturing organization (CDMO) specializing in biologics. Founded as a spin-out from WuXi AppTec and incorporated in the Cayman Islands in 2017, the company offers end-to-end support across the biologics value chain. Its service portfolio encompasses discovery biology, analytical development, process chemistry and large-scale manufacturing for therapeutic proteins and antibodies.

The firm’s core offerings include the development of monoclonal antibodies, recombinant proteins and cell and gene therapy vectors.