WuXi AppTec Co., Ltd. (OTCMKTS:WUXAY) Sees Large Increase in Short Interest

WuXi AppTec Co., Ltd. (OTCMKTS:WUXAY) was the recipient of a large increase in short interest in March. As of March 31st, there was short interest totalling 5,400 shares, an increase of 237.5% from the March 15th total of 1,600 shares. Based on an average daily trading volume, of 6,700 shares, the days-to-cover ratio is currently 0.8 days.

WuXi AppTec Trading Down 6.1 %

OTCMKTS WUXAY opened at $6.48 on Thursday. WuXi AppTec has a 1-year low of $3.50 and a 1-year high of $9.40. The company has a 50 day moving average of $7.84 and a 200-day moving average of $7.24.

About WuXi AppTec

WuXi AppTec Co, Ltd., an investment holding company, provides research, development, and manufacturing services to discover, develop, and manufacture small molecule drugs, and cell and gene therapies in the People's Republic of China, the United States, Europe, and internationally. The company operates through six segments: WuXi Chemistry, WuXi Testing, WuXi Biology, WuXi ATU, WuXi DDSU, and Others.