Kinaxis Inc. (OTCMKTS:KXSCF) Short Interest Update

Kinaxis Inc. (OTCMKTS:KXSCF) was the recipient of a large drop in short interest in the month of October. As of October 31st, there was short interest totalling 64,300 shares, a drop of 24.9% from the October 15th total of 85,600 shares. Based on an average trading volume of 5,700 shares, the days-to-cover ratio is presently 11.3 days.

Kinaxis Trading Down 2.2 %

KXSCF traded down $2.71 on Friday, hitting $120.27. 1,268 shares of the company’s stock were exchanged, compared to its average volume of 5,034. The firm has a 50-day moving average price of $115.64 and a 200-day moving average price of $113.24. Kinaxis has a fifty-two week low of $98.96 and a fifty-two week high of $125.44.

About Kinaxis

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.