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

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

Westaim Price Performance

Shares of WEDXF traded down $0.34 during mid-day trading on Tuesday, hitting $20.21. The stock had a trading volume of 17,844 shares, compared to its average volume of 40,719. The business has a fifty day moving average price of $9.35 and a 200-day moving average price of $5.30. The firm has a market cap of $2.59 billion, a P/E ratio of 69.69 and a beta of 0.45. Westaim has a 52 week low of $2.55 and a 52 week high of $3.73.

Westaim (OTCMKTS:WEDXF) last issued its quarterly earnings data on Tuesday, November 12th. The company reported ($0.01) EPS for the quarter. Westaim had a return on equity of 7.76% and a net margin of 284.74%. The company had revenue of $6.59 million during the quarter.

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.