Westaim Corp. (OTCMKTS:WEDXF) Short Interest Down 17.6% in February

Westaim Corp. (OTCMKTS:WEDXF) saw a large decrease in short interest during the month of February. As of February 27th, there was short interest totaling 42,746 shares, a decrease of 17.6% from the February 12th total of 51,862 shares. Based on an average daily volume of 10,673 shares, the days-to-cover ratio is currently 4.0 days. Currently, 0.1% of the company’s shares are short sold. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 10,673 shares, the days-to-cover ratio is currently 4.0 days.

Westaim Stock Down 0.9%

Shares of OTCMKTS WEDXF opened at $17.42 on Wednesday. The company has a market capitalization of $581.48 million, a PE ratio of -10.31 and a beta of 0.20. Westaim has a twelve month low of $15.50 and a twelve month high of $24.01. The firm has a fifty day simple moving average of $17.90 and a 200 day simple moving average of $18.50.

About Westaim

Westaim Corp. (OTCMKTS: WEDXF) is a Toronto-based investment firm focused on creating value through specialized credit, real estate and private equity strategies. The company operates as a capital allocator, partnering with experienced managers to deploy capital across a range of alternative asset classes. Westaim’s platform is designed to generate attractive risk-adjusted returns while maintaining a flexible mandate that can adapt to changing market conditions.

Through its private equity activities, Westaim invests alongside established sponsors in opportunities spanning leveraged buyouts, growth equity and carve-out transactions.