Kinaxis Inc. (OTCMKTS:KXSCF) Sees Significant Increase in Short Interest

Kinaxis Inc. (OTCMKTS:KXSCF) was the target of a significant growth in short interest in the month of July. As of July 31st, there was short interest totalling 155,400 shares, a growth of 9.3% from the July 15th total of 142,200 shares. Based on an average daily volume of 6,200 shares, the days-to-cover ratio is presently 25.1 days.

Kinaxis Stock Performance

KXSCF traded up $1.64 on Friday, reaching $112.47. The company had a trading volume of 1,438 shares, compared to its average volume of 4,798. The company has a fifty day moving average of $114.02 and a 200-day moving average of $112.66. Kinaxis has a one year low of $93.39 and a one year high of $125.44.

Kinaxis Company Profile

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.