The Westaim Co. (OTCMKTS:WEDXF) Short Interest Down 79.8% in January

The Westaim Co. (OTCMKTS:WEDXF) saw a significant drop in short interest in January. As of January 15th, there was short interest totalling 14,500 shares, a drop of 79.8% from the December 31st total of 71,900 shares. Based on an average trading volume of 93,700 shares, the short-interest ratio is currently 0.2 days.

Westaim Price Performance

Shares of OTCMKTS:WEDXF traded down $0.34 during trading on Tuesday, hitting $20.21. The company had a trading volume of 17,844 shares, compared to its average volume of 40,719. The stock has a market cap of $2.59 billion, a price-to-earnings ratio of 69.69 and a beta of 0.45. The company has a fifty day simple moving average of $9.35 and a two-hundred day simple moving average of $5.30. Westaim has a one year low of $2.55 and a one year high of $3.73.

Westaim (OTCMKTS:WEDXF) last posted its quarterly earnings data on Tuesday, November 12th. The company reported ($0.01) EPS for the quarter. Westaim had a return on equity of 7.76% and a net margin of 284.74%. The firm had revenue of $6.59 million for 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.