Short Interest in WuXi AppTec Co., Ltd. (OTCMKTS:WUXAY) Increases By 101.4%

WuXi AppTec Co., Ltd. (OTCMKTS:WUXAY) was the target of a large growth in short interest in December. As of December 31st, there was short interest totaling 7,294 shares, a growth of 101.4% from the December 15th total of 3,621 shares. Based on an average daily volume of 2,609 shares, the days-to-cover ratio is currently 2.8 days. Based on an average daily volume of 2,609 shares, the days-to-cover ratio is currently 2.8 days.

WuXi AppTec Stock Performance

WUXAY stock opened at $15.11 on Friday. WuXi AppTec has a 1 year low of $5.73 and a 1 year high of $15.95. The business has a 50 day simple moving average of $13.39 and a 200-day simple moving average of $13.33.

WuXi AppTec Company Profile

WuXi AppTec is a global contract research, development and manufacturing organization serving the pharmaceutical, biotechnology and medical device industries. Headquartered in Shanghai and founded in 2000, the company provides end-to-end solutions that span drug discovery, development and manufacturing. Its offerings enable customers to accelerate the research and development process for small molecules, biologics, cell and gene therapies, as well as medical devices.

Key services include chemistry and biology discovery support, preclinical safety assessment, analytical and formulation development, clinical manufacturing, large-scale biomanufacturing, and quality testing.