Short Interest in WuXi Biologics (Cayman) Inc. (OTCMKTS:WXXWY) Expands By 505.3%

WuXi Biologics (Cayman) Inc. (OTCMKTS:WXXWY) saw a large increase in short interest in the month of May. As of May 15th, there was short interest totalling 23,000 shares, an increase of 505.3% from the April 30th total of 3,800 shares. Based on an average daily trading volume, of 42,600 shares, the short-interest ratio is currently 0.5 days.

WuXi Biologics (Cayman) Stock Down 3.0%

OTCMKTS:WXXWY traded down $0.18 during trading hours on Wednesday, hitting $5.88. The stock had a trading volume of 189,129 shares, compared to its average volume of 48,735. The company has a 50 day simple moving average of $5.84 and a two-hundred day simple moving average of $5.23. WuXi Biologics has a one year low of $2.58 and a one year high of $7.30.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft raised shares of WuXi Biologics (Cayman) to a “buy” rating in a report on Thursday, March 27th.

WuXi Biologics (Cayman) Company Profile

WuXi Biologics (Cayman) Inc, an investment holding company, provides end-to-end solutions and services for biologics discovery, development, and manufacturing for biologics industry in the People’s Republic of China, North America, Europe, Singapore, Japan, South Korea, and Australia. It operates through two segments: Biologics and XDC.