Intellinetics, Inc. (NYSEAMERICAN:INLX) Short Interest Update

Intellinetics, Inc. (NYSEAMERICAN:INLX) was the target of a significant increase in short interest in the month of February. As of February 15th, there was short interest totalling 8,000 shares, an increase of 29.0% from the January 31st total of 6,200 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average daily volume of 5,000 shares, the short-interest ratio is presently 1.6 days.

Intellinetics Trading Down 3.7 %

Shares of Intellinetics stock traded down $0.44 during trading hours on Wednesday, hitting $11.32. 1,247 shares of the company were exchanged, compared to its average volume of 5,015. The firm has a 50-day simple moving average of $13.11. Intellinetics has a 1 year low of $5.85 and a 1 year high of $16.50. The company has a quick ratio of 0.95, a current ratio of 0.97 and a debt-to-equity ratio of 0.14. The firm has a market capitalization of $47.88 million, a PE ratio of -125.76 and a beta of 0.39.

Intellinetics Company Profile

Intellinetics, Inc designs, develops, tests, markets, and licenses document services and software solutions in the United States. The company operates in two segments, Document Management and Document Conversion. Its software platform allows its customers to capture and manage documents across operations, such as scanned hard-copy documents and digital documents, including Microsoft Office 365, digital images, audios, videos, and emails.