Short Interest in WuXi AppTec Co., Ltd. (OTCMKTS:WUXAY) Decreases By 42.1%

WuXi AppTec Co., Ltd. (OTCMKTS:WUXAY) saw a significant decrease in short interest during the month of December. As of December 15th, there was short interest totaling 3,621 shares, a decrease of 42.1% from the November 30th total of 6,252 shares. Based on an average daily volume of 2,403 shares, the short-interest ratio is currently 1.5 days. Based on an average daily volume of 2,403 shares, the short-interest ratio is currently 1.5 days.

WuXi AppTec Stock Performance

WuXi AppTec stock opened at $12.85 on Friday. WuXi AppTec has a fifty-two week low of $5.73 and a fifty-two week high of $15.95. The firm’s 50-day simple moving average is $13.37 and its 200 day simple moving average is $12.94.

About WuXi AppTec

WuXi AppTec is a global contract research, development and manufacturing organization serving the pharmaceutical, biotechnology and medical device industries. Headquartered in Shanghai and founded in 2000, the company provides end-to-end solutions that span drug discovery, development and manufacturing. Its offerings enable customers to accelerate the research and development process for small molecules, biologics, cell and gene therapies, as well as medical devices.

Key services include chemistry and biology discovery support, preclinical safety assessment, analytical and formulation development, clinical manufacturing, large-scale biomanufacturing, and quality testing.