The Westaim Co. (OTCMKTS:WEDXF) Short Interest Up 74.9% in December

The Westaim Co. (OTCMKTS:WEDXF) saw a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 71,900 shares, an increase of 74.9% from the November 30th total of 41,100 shares. Based on an average daily trading volume, of 185,100 shares, the short-interest ratio is presently 0.4 days.

Westaim Stock Down 83.4 %

Westaim stock opened at $3.55 on Friday. The company has a fifty day simple moving average of $3.56 and a 200-day simple moving average of $3.17. The firm has a market capitalization of $455.01 million, a price-to-earnings ratio of 12.24 and a beta of 0.45. Westaim has a 52-week low of $3.55 and a 52-week high of $22.36.

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.