Intelligent Group Limited (NASDAQ:INTJ) Short Interest Update

Intelligent Group Limited (NASDAQ:INTJ) was the target of a significant increase in short interest in the month of August. As of August 31st, there was short interest totalling 25,100 shares, an increase of 617.1% from the August 15th total of 3,500 shares. Based on an average daily volume of 58,000 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.6% of the company’s stock are short sold.

Institutional Investors Weigh In On Intelligent Group

An institutional investor recently bought a new position in Intelligent Group stock. Virtu Financial LLC bought a new position in shares of Intelligent Group Limited (NASDAQ:INTJ) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 17,959 shares of the company’s stock, valued at approximately $32,000. Virtu Financial LLC owned about 0.14% of Intelligent Group as of its most recent filing with the Securities and Exchange Commission.

Intelligent Group Stock Performance

Shares of Intelligent Group stock traded down $0.01 during trading on Friday, reaching $0.96. The company’s stock had a trading volume of 26,426 shares, compared to its average volume of 225,747. The stock has a fifty day moving average price of $0.98. Intelligent Group has a one year low of $0.83 and a one year high of $7.87.

About Intelligent Group

Intelligent Group Limited, through its subsidiaries, provides financial public relations services in the Hong Kong. The company offers financial PR services, such as creating multi-stakeholder communications programs, arranging press conferences and interviews, participating in the preparation of news releases and shareholders' meetings, monitoring news publications, identifying shareholders, targeting potential investors, organizing corporate events, and implementing crisis management policies and procedures.