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

The Westaim Co. (OTCMKTS:WEDXF) saw a significant increase in short interest in October. As of October 15th, there was short interest totalling 14,700 shares, an increase of 212.8% from the September 30th total of 4,700 shares. Based on an average daily trading volume, of 243,900 shares, the short-interest ratio is currently 0.1 days.

Westaim Trading Up 1.8 %

Westaim stock traded up $0.06 on Friday, hitting $3.49. 83,464 shares of the stock traded hands, compared to its average volume of 28,768. The firm has a market cap of $446.68 million, a P/E ratio of 4.30 and a beta of 0.50. Westaim has a 1 year low of $2.55 and a 1 year high of $3.55. The business’s fifty day simple moving average is $3.03 and its 200 day simple moving average is $2.94.

Westaim (OTCMKTS:WEDXF) last posted its earnings results on Tuesday, August 13th. The company reported ($0.13) EPS for the quarter. Westaim had a net margin of 737.56% and a return on equity of 12.54%. The company had revenue of $3.51 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.