Short Interest in Kinaxis Inc. (OTCMKTS:KXSCF) Grows By 18.6%

Kinaxis Inc. (OTCMKTS:KXSCF) saw a large growth in short interest in the month of 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 trading volume of 10,600 shares, the days-to-cover ratio is currently 25.5 days.

Kinaxis Stock Performance

OTCMKTS KXSCF traded down $0.07 during trading on Tuesday, hitting $113.76. The stock had a trading volume of 205 shares, compared to its average volume of 5,010. The firm has a 50 day moving average price of $113.45 and a 200 day moving average price of $111.57. Kinaxis has a twelve month low of $93.39 and a twelve month 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.