Kinaxis Inc. (OTCMKTS:KXSCF) Short Interest Update

Kinaxis Inc. (OTCMKTS:KXSCF) was the target of a significant growth in short interest in May. As of May 31st, there was short interest totalling 119,100 shares, a growth of 14.1% from the May 15th total of 104,400 shares. Based on an average daily volume of 4,700 shares, the days-to-cover ratio is currently 25.3 days.

Kinaxis Stock Performance

OTCMKTS:KXSCF opened at $108.60 on Monday. The company’s 50-day simple moving average is $109.85 and its 200-day simple moving average is $112.28. Kinaxis has a fifty-two week low of $93.39 and a fifty-two week high of $145.00.

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.