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

Intellinetics, Inc. (NYSEAMERICAN:INLX) was the recipient of a large drop in short interest during the month of January. As of January 31st, there was short interest totalling 6,200 shares, a drop of 12.7% from the January 15th total of 7,100 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 4,900 shares, the short-interest ratio is currently 1.3 days.

Intellinetics Stock Performance

NYSEAMERICAN INLX traded down $0.60 during trading hours on Tuesday, hitting $11.88. 4,705 shares of the company’s stock traded hands, compared to its average volume of 4,703. Intellinetics has a 52 week low of $5.85 and a 52 week high of $16.50. The firm has a market capitalization of $50.25 million, a price-to-earnings ratio of -131.99 and a beta of 0.39. The company has a current ratio of 0.97, a quick ratio of 0.95 and a debt-to-equity ratio of 0.14.

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.