Westaim Corp. (OTCMKTS:WEDXF) Short Interest Update

Westaim Corp. (OTCMKTS:WEDXF) saw a large decrease in short interest in January. As of January 30th, there was short interest totaling 44,131 shares, a decrease of 14.7% from the January 15th total of 51,742 shares. Based on an average daily volume of 12,122 shares, the short-interest ratio is currently 3.6 days. Approximately 0.1% of the company’s stock are short sold. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 12,122 shares, the short-interest ratio is currently 3.6 days.

Westaim Trading Up 1.9%

Shares of OTCMKTS:WEDXF opened at $17.99 on Thursday. The company has a fifty day simple moving average of $18.43 and a 200 day simple moving average of $18.98. The firm has a market cap of $600.51 million, a PE ratio of -10.64 and a beta of 0.19. Westaim has a 12-month low of $15.50 and a 12-month high of $24.01.

About Westaim

Westaim Corp. (OTCMKTS: WEDXF) is a Toronto-based investment firm focused on creating value through specialized credit, real estate and private equity strategies. The company operates as a capital allocator, partnering with experienced managers to deploy capital across a range of alternative asset classes. Westaim’s platform is designed to generate attractive risk-adjusted returns while maintaining a flexible mandate that can adapt to changing market conditions.

Through its private equity activities, Westaim invests alongside established sponsors in opportunities spanning leveraged buyouts, growth equity and carve-out transactions.