Westaim Corp. (OTCMKTS:WEDXF) Short Interest Update

Westaim Corp. (OTCMKTS:WEDXF) saw a significant decrease in short interest in February. As of February 27th, there was short interest totaling 42,746 shares, a decrease of 17.6% from the February 12th total of 51,862 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 10,673 shares, the short-interest ratio is currently 4.0 days. Based on an average trading volume of 10,673 shares, the short-interest ratio is currently 4.0 days. Currently, 0.1% of the shares of the company are sold short.

Westaim Trading Up 2.7%

Shares of Westaim stock opened at $17.58 on Tuesday. The business’s fifty day simple moving average is $17.92 and its 200 day simple moving average is $18.52. Westaim has a 12 month low of $15.50 and a 12 month high of $24.01. The firm has a market capitalization of $586.82 million, a P/E ratio of -10.40 and a beta of 0.20.

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.