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

Kinaxis Inc. (OTCMKTS:KXSCF) was the target of a large growth in short interest in November. As of November 15th, there was short interest totalling 80,600 shares, a growth of 25.3% from the October 31st total of 64,300 shares. Based on an average daily volume of 3,300 shares, the days-to-cover ratio is currently 24.4 days.

Kinaxis Trading Up 4.2 %

KXSCF traded up $5.23 during trading on Monday, reaching $130.26. The company’s stock had a trading volume of 8,000 shares, compared to its average volume of 5,013. The firm has a fifty day simple moving average of $117.40 and a two-hundred day simple moving average of $114.30. Kinaxis has a 1 year low of $98.96 and a 1 year high of $130.26.

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.