WuXi AppTec Co., Ltd. (OTCMKTS:WUXAY) Sees Significant Growth in Short Interest

WuXi AppTec Co., Ltd. (OTCMKTS:WUXAY) was the target of a large increase in short interest in July. As of July 31st, there was short interest totalling 4,200 shares, an increase of 223.1% from the July 15th total of 1,300 shares. Based on an average trading volume of 8,500 shares, the days-to-cover ratio is currently 0.5 days.

WuXi AppTec Price Performance

Shares of WUXAY traded down $0.16 on Tuesday, hitting $4.39. 1,954 shares of the stock traded hands, compared to its average volume of 10,657. WuXi AppTec has a one year low of $3.50 and a one year high of $13.02. The business has a 50 day simple moving average of $3.96 and a 200 day simple moving average of $4.83.

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.