The Westaim Co. (OTCMKTS:WEDXF) Short Interest Up 808.0% in September

The Westaim Co. (OTCMKTS:WEDXF) was the target of a significant growth in short interest during the month of September. As of September 15th, there was short interest totalling 22,700 shares, a growth of 808.0% from the August 31st total of 2,500 shares. Based on an average trading volume of 33,900 shares, the short-interest ratio is currently 0.7 days.

Westaim Price Performance

Shares of WEDXF opened at $2.89 on Friday. The firm has a market capitalization of $370.41 million, a PE ratio of 3.57 and a beta of 0.50. The company’s fifty day moving average price is $2.91 and its 200-day moving average price is $2.87. Westaim has a 1-year low of $2.55 and a 1-year high of $3.25.

Westaim (OTCMKTS:WEDXF) last issued 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 firm 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.