WuXi AppTec Co., Ltd. (OTCMKTS:WUXIF) Short Interest Up 84.2% in July

WuXi AppTec Co., Ltd. (OTCMKTS:WUXIF) saw a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 1,146,990 shares, an increase of 84.2% from the June 30th total of 622,696 shares. Based on an average daily volume of 18,123 shares, the days-to-cover ratio is presently 63.3 days.

WuXi AppTec Stock Performance

WuXi AppTec stock traded down $1.45 during mid-day trading on Friday, hitting $20.10. The company’s stock had a trading volume of 604 shares, compared to its average volume of 3,322. The business has a 50 day moving average price of $18.75 and a 200-day moving average price of $16.13. WuXi AppTec has a 12 month low of $13.54 and a 12 month high of $22.70.

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.