WuXi AppTec Co., Ltd. (OTCMKTS:WUXIF – Get Free Report) was the recipient of a significant growth in short interest in May. As of May 15th, there was short interest totaling 456,756 shares, a growth of 210.0% from the April 30th total of 147,359 shares. Based on an average daily volume of 121 shares, the short-interest ratio is currently 3,774.8 days.
WuXi AppTec Stock Up 1.8%
Shares of OTCMKTS:WUXIF opened at $18.15 on Friday. The company has a 50 day moving average of $15.62 and a 200 day moving average of $14.53. WuXi AppTec has a 12 month low of $13.54 and a 12 month high of $18.15.
About WuXi AppTec
WuXi AppTec is a global contract research, development and manufacturing organization serving the pharmaceutical, biotechnology and medical device industries. The company provides end-to-end solutions spanning discovery biology, medicinal chemistry, preclinical safety assessment, clinical trial support, and large-scale manufacturing of small molecules, biologics and advanced therapies. By integrating scientific expertise with state-of-the-art laboratory and production facilities, WuXi AppTec enables clients to accelerate the development of new treatments while managing time and cost pressures.
Key service offerings include custom synthesis and process research for active pharmaceutical ingredients (APIs), biologics development and manufacturing, cell line development, gene therapy support, as well as comprehensive analytical and testing services.
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