The Westaim Co. ( OTCMKTS:WEDXF – Get Free Report ) was the recipient of a significant growth in short interest in April. As of April 15th, there was short interest totalling 12,800 shares, a growth of 128.
6% from the March 31st total of 5,600 shares. Based on an average trading volume of 18,400 shares, the days-to-cover ratio is currently 0.7 days.
Approximately 0.1% of the company’s stock are short sold. Westaim Price Performance Shares of OTCMKTS:WEDXF opened at $22.
65 on Tuesday. Westaim has a 1-year low of $16.14 and a 1-year high of $25.
98. The business has a fifty day moving average price of $21.82 and a 200-day moving average price of $14.
17. The company has a market capitalization of $483.85 million, a PE ratio of 13.
02 and a beta of 0.19. Westaim ( OTCMKTS:WEDXF – Get Free Report ) last released its quarterly earnings data on Wednesday, March 26th.
The company reported ($0.99) EPS for the quarter, missing the consensus estimate of $0.06 by ($1.
05). Westaim had a return on equity of 7.76% and a net margin of 284.
74%. The business had revenue of $4.60 million during the quarter, compared to the consensus estimate of $4.
70 million. 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.
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Business
The Westaim Co. (OTCMKTS:WEDXF) Short Interest Up 128.6% in April

The Westaim Co. (OTCMKTS:WEDXF – Get Free Report) was the recipient of a significant growth in short interest in April. As of April 15th, there was short interest totalling 12,800 shares, a growth of 128.6% from the March 31st total of 5,600 shares. Based on an average trading volume of 18,400 shares, the days-to-cover ratio [...]