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

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

Westaim Stock Down 0.8 %

WEDXF stock opened at $3.46 on Friday. The stock has a market capitalization of $443.03 million, a P/E ratio of 4.27 and a beta of 0.50. The firm has a 50-day simple moving average of $3.04 and a 200-day simple moving average of $2.95. Westaim has a 52 week low of $2.55 and a 52 week high of $3.55.

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

Westaim Company Profile

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.