WuXi AppTec Co., Ltd. (OTCMKTS:WUXAY) Sees Large Growth in Short Interest

WuXi AppTec Co., Ltd. (OTCMKTS:WUXAY) was the target of a significant growth in short interest in February. As of February 28th, there was short interest totalling 7,800 shares, a growth of 333.3% from the February 13th total of 1,800 shares. Based on an average daily volume of 13,100 shares, the short-interest ratio is currently 0.6 days.

WuXi AppTec Price Performance

Shares of WUXAY opened at $7.88 on Thursday. The business’s 50 day moving average price is $7.37 and its 200-day moving average price is $6.69. WuXi AppTec has a 52 week low of $3.50 and a 52 week high of $9.02.

WuXi AppTec Company Profile

WuXi AppTec Co, Ltd., an investment holding company, provides research, development, and manufacturing services to discover, develop, and manufacture small molecule drugs, and cell and gene therapies in the People's Republic of China, the United States, Europe, and internationally. The company operates through six segments: WuXi Chemistry, WuXi Testing, WuXi Biology, WuXi ATU, WuXi DDSU, and Others.