Short Interest in WuXi AppTec Co., Ltd. (OTCMKTS:WUXIF) Declines By 33.8%

WuXi AppTec Co., Ltd. (OTCMKTS:WUXIF) was the target of a large decrease in short interest in May. As of May 29th, there was short interest totaling 302,277 shares, a decrease of 33.8% from the May 14th total of 456,756 shares. Based on an average trading volume of 328 shares, the days-to-cover ratio is currently 921.6 days.

WuXi AppTec Price Performance

WUXIF stock opened at $16.01 on Tuesday. WuXi AppTec has a 12-month low of $13.54 and a 12-month high of $18.15. The stock’s 50 day simple moving average is $16.23 and its 200 day simple moving average is $14.73.

About WuXi AppTec

WuXi AppTec is a global contract research, development and manufacturing organization serving the pharmaceutical, biotechnology and medical device industries. The company provides end-to-end solutions spanning discovery biology, medicinal chemistry, preclinical safety assessment, clinical trial support, and large-scale manufacturing of small molecules, biologics and advanced therapies. By integrating scientific expertise with state-of-the-art laboratory and production facilities, WuXi AppTec enables clients to accelerate the development of new treatments while managing time and cost pressures.

Key service offerings include custom synthesis and process research for active pharmaceutical ingredients (APIs), biologics development and manufacturing, cell line development, gene therapy support, as well as comprehensive analytical and testing services.