The Westaim Co. (OTCMKTS:WEDXF - Get Free Report) was the recipient of a large growth in short interest in May. As of May 31st, there was short interest totalling 13,300 shares, a growth of 75.0% from the May 15th total of 7,600 shares. Approximately 0.1% of the company's stock are short sold. Based on an average trading volume of 5,000 shares, the short-interest ratio is currently 2.7 days.
Westaim Trading Up 1.0%
OTCMKTS WEDXF opened at $23.73 on Friday. The company's fifty day simple moving average is $22.70 and its 200-day simple moving average is $18.72. Westaim has a 52 week low of $16.62 and a 52 week high of $25.98. The stock has a market cap of $506.81 million, a P/E ratio of 13.64 and a beta of 0.24.
Westaim (OTCMKTS:WEDXF - Get Free Report) last issued its earnings results on Wednesday, May 14th. The company reported ($0.34) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.03) by ($0.31). The company had revenue of ($4.70) million for the quarter, compared to analyst estimates of $1.34 million. Westaim had a net margin of 284.74% and a return on equity of 7.76%.
Westaim Company Profile
(
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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.
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