WuXi Biologics (Cayman) Inc. (OTCMKTS:WXXWY) Short Interest Update

WuXi Biologics (Cayman) Inc. (OTCMKTS:WXXWY) saw a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 22,669 shares, an increase of 149.2% from the January 29th total of 9,096 shares. Based on an average daily volume of 132,772 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 132,772 shares, the days-to-cover ratio is presently 0.2 days.

WuXi Biologics (Cayman) Stock Down 3.8%

Shares of WXXWY stock opened at $10.24 on Friday. The business’s fifty day moving average is $9.57 and its 200 day moving average is $9.19. WuXi Biologics has a twelve month low of $4.14 and a twelve month high of $11.21.

WuXi Biologics (Cayman) Company Profile

WuXi Biologics (Cayman) Inc, trading OTC as WXXWY, is a global contract research, development and manufacturing organization (CDMO) specializing in biologics. Founded as a spin-out from WuXi AppTec and incorporated in the Cayman Islands in 2017, the company offers end-to-end support across the biologics value chain. Its service portfolio encompasses discovery biology, analytical development, process chemistry and large-scale manufacturing for therapeutic proteins and antibodies.

The firm’s core offerings include the development of monoclonal antibodies, recombinant proteins and cell and gene therapy vectors.