WuXi Biologics (Cayman) Inc. (OTCMKTS:WXXWY) Short Interest Up 626.2% in March

WuXi Biologics (Cayman) Inc. (OTCMKTS:WXXWY) was the recipient of a significant growth in short interest in the month of March. As of March 31st, there was short interest totaling 140,652 shares, a growth of 626.2% from the March 15th total of 19,369 shares. Based on an average daily volume of 176,486 shares, the days-to-cover ratio is currently 0.8 days.

WuXi Biologics (Cayman) Price Performance

Shares of WXXWY opened at $9.17 on Friday. WuXi Biologics has a 12-month low of $4.95 and a 12-month high of $11.21. The firm has a 50-day moving average price of $9.37 and a 200 day moving average price of $9.20.

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.