WuXi AppTec Co., Ltd. (OTCMKTS:WUXAY) Short Interest Update

WuXi AppTec Co., Ltd. (OTCMKTS:WUXAY) was the recipient of a significant increase in short interest in the month of December. As of December 31st, there was short interest totaling 7,294 shares, an increase 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 presently 2.8 days. Based on an average daily volume of 2,609 shares, the days-to-cover ratio is presently 2.8 days.

WuXi AppTec Trading Up 3.8%

WUXAY opened at $15.11 on Thursday. The firm’s fifty day moving average price is $13.32 and its two-hundred day moving average price is $13.29. WuXi AppTec has a fifty-two week low of $5.73 and a fifty-two week high of $15.95.

About WuXi AppTec

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.