The Westaim Co. (OTCMKTS:WEDXF) Short Interest Up 100.0% in March

The Westaim Co. (OTCMKTS:WEDXF - Get Free Report) saw a large increase in short interest in the month of March. As of March 31st, there was short interest totalling 5,600 shares, an increase of 100.0% from the March 15th total of 2,800 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 6,200 shares, the short-interest ratio is currently 0.9 days.

Westaim Trading Up 0.7 %

Shares of Westaim stock traded up $0.14 during trading on Monday, hitting $21.59. 566 shares of the stock were exchanged, compared to its average volume of 8,925. The company has a fifty day moving average price of $21.95 and a 200-day moving average price of $13.36. Westaim has a 1-year low of $15.30 and a 1-year high of $25.98. The stock has a market capitalization of $461.21 million, a price-to-earnings ratio of 12.41 and a beta of 0.19.

Westaim (OTCMKTS:WEDXF - Get Free Report) last issued its earnings results on Wednesday, March 26th. The company reported ($0.99) earnings per share for the quarter, missing the consensus estimate of $0.06 by ($1.05). Westaim had a net margin of 284.74% and a return on equity of 7.76%. The firm had revenue of $4.60 million during the quarter, compared to analysts' expectations of $4.70 million.

Westaim Company Profile

The Westaim Corporation is a private equity firm specializing in direct and indirect investments through acquisitions, joint ventures, secondary investments both direct and indirect, fund of fund investments, and other arrangements. For direct investments, the firm invests in early venture, mid venture, late venture, middle market, later stage, mature, emerging growth, PIPEs, and buyout transactions.