Westaim Corp. (OTCMKTS:WEDXF) Short Interest Update

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

Westaim Price Performance

Shares of WEDXF stock opened at $17.11 on Monday. The company’s fifty day moving average price is $17.94 and its two-hundred day moving average price is $18.53. The firm has a market capitalization of $571.13 million, a P/E ratio of -10.12 and a beta of 0.20. Westaim has a 12 month low of $15.50 and a 12 month high of $24.01.

Westaim Company Profile

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.