Kinaxis Inc. (OTCMKTS:KXSCF) Short Interest Update

Kinaxis Inc. (OTCMKTS:KXSCFGet Free Report) saw a significant growth in short interest in August. As of August 31st, there was short interest totalling 270,800 shares, a growth of 18.6% from the August 15th total of 228,400 shares. Based on an average daily volume of 10,600 shares, the days-to-cover ratio is currently 25.5 days.

Kinaxis Price Performance

Shares of Kinaxis stock traded up $1.65 during mid-day trading on Friday, hitting $114.77. 1,762 shares of the stock were exchanged, compared to its average volume of 5,041. The company has a 50-day simple moving average of $113.50 and a 200 day simple moving average of $111.50. Kinaxis has a 12 month low of $93.39 and a 12 month high of $125.44.

About Kinaxis

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Kinaxis Inc provides cloud-based subscription software for supply chain operations in the United States, Europe, Asia, and Canada. It offers RapidResponse, a cloud-based platform, which provides advanced planning, sales and operation planning, supply and demand planning, inventory management, and command and control center services.

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