WuXi AppTec Co., Ltd. (OTCMKTS:WUXAY) Sees Large Drop in Short Interest

WuXi AppTec Co., Ltd. (OTCMKTS:WUXAY) was the target of a large decline in short interest in October. As of October 15th, there was short interest totaling 1,700 shares, a decline of 77.6% from the September 30th total of 7,600 shares. Based on an average daily volume of 9,100 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 9,100 shares, the short-interest ratio is currently 0.2 days.

WuXi AppTec Price Performance

Shares of WuXi AppTec stock opened at $14.63 on Tuesday. The business’s 50 day simple moving average is $14.15 and its 200 day simple moving average is $11.28. WuXi AppTec has a 52-week low of $5.73 and a 52-week high of $15.95.

About WuXi AppTec

WuXi AppTec Co, Ltd., an investment holding company, provides research, development, and manufacturing services to discover, develop, and manufacture small molecule drugs, and cell and gene therapies in the People's Republic of China, the United States, Europe, and internationally. The company operates through six segments: WuXi Chemistry, WuXi Testing, WuXi Biology, WuXi ATU, WuXi DDSU, and Others.