Intelligent Group Limited (NASDAQ:INTJ) Short Interest Up 617.1% in August

Intelligent Group Limited (NASDAQ:INTJ) was the recipient of a significant increase in short interest in 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. Approximately 0.6% of the company’s stock are short sold. Based on an average trading volume of 58,000 shares, the days-to-cover ratio is presently 0.4 days.

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 stake in shares of Intelligent Group Limited (NASDAQ:INTJ) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 17,959 shares of the company’s stock, valued at approximately $32,000. Virtu Financial LLC owned approximately 0.14% of Intelligent Group at the end of the most recent quarter.

Intelligent Group Trading Down 1.0 %

Intelligent Group stock traded down $0.01 during midday trading on Friday, hitting $0.96. 26,426 shares of the stock were exchanged, compared to its average volume of 225,747. The stock’s 50-day moving average price is $0.98. Intelligent Group has a fifty-two week low of $0.83 and a fifty-two week high of $7.87.

Intelligent Group Company Profile

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.