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

WuXi AppTec Co., Ltd. (OTCMKTS:WUXAY) was the recipient of a significant decline in short interest during the month of April. As of April 15th, there was short interest totalling 3,100 shares, a decline of 55.1% from the March 31st total of 6,900 shares. Based on an average daily trading volume, of 4,400 shares, the days-to-cover ratio is presently 0.7 days.

WuXi AppTec Price Performance

Shares of WUXAY opened at $4.41 on Friday. The company’s fifty day moving average price is $5.26 and its 200-day moving average price is $8.49. WuXi AppTec has a 1-year low of $4.10 and a 1-year high of $13.02.

About WuXi AppTec

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.