WuXi AppTec Co., Ltd. (OTCMKTS:WUXIF) Sees Significant Drop in Short Interest

WuXi AppTec Co., Ltd. (OTCMKTS:WUXIF) was the recipient of a large decrease in short interest during the month of August. As of August 31st, there was short interest totalling 75,400 shares, a decrease of 65.0% from the August 15th total of 215,500 shares. Based on an average daily trading volume, of 3,800 shares, the short-interest ratio is presently 19.8 days.

WuXi AppTec Price Performance

Shares of OTCMKTS WUXIF opened at $3.78 on Friday. WuXi AppTec has a one year low of $3.74 and a one year high of $12.69. The business’s fifty day moving average price is $4.00 and its 200-day moving average price is $4.66.

WuXi AppTec Company Profile

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.