WuXi AppTec Co., Ltd. (OTCMKTS:WUXIF – Get Free Report) was the target of a significant decline in short interest in September. As of September 30th, there was short interest totaling 52,533 shares, a decline of 96.2% from the September 15th total of 1,389,525 shares. Based on an average trading volume of 323 shares, the short-interest ratio is presently 162.6 days.
WuXi AppTec Stock Up 0.6%
Shares of WuXi AppTec stock traded up $0.15 during trading hours on Friday, reaching $27.00. 2,491 shares of the company were exchanged, compared to its average volume of 2,326. WuXi AppTec has a 1 year low of $13.60 and a 1 year high of $29.10. The stock’s fifty day moving average is $25.60 and its 200 day moving average is $20.15.
About WuXi AppTec
WuXi AppTec is a global pharmaceutical and biotechnology services company that provides research, development and manufacturing support to the life sciences industry. The company operates as a contract research, development and manufacturing organization (CRDMO), helping pharmaceutical and biotechnology companies advance drug candidates from early research through clinical development and commercial production.
Its services include discovery chemistry and biology, drug development, preclinical testing, clinical research support, process development and the manufacture of small-molecule drugs, biologics and other therapeutic products.
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