Intellinetics, Inc. (NYSEAMERICAN:INLX) Sees Significant Decrease in Short Interest

Intellinetics, Inc. (NYSEAMERICAN:INLX) was the recipient of a significant decline in short interest in February. As of February 13th, there was short interest totaling 1,249 shares, a decline of 59.7% from the January 29th total of 3,098 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 2,038 shares, the short-interest ratio is presently 0.6 days. Based on an average daily trading volume, of 2,038 shares, the short-interest ratio is presently 0.6 days. Approximately 0.0% of the company’s shares are sold short.

Intellinetics Trading Down 0.8%

Shares of INLX stock traded down $0.06 during mid-day trading on Friday, reaching $7.65. The company’s stock had a trading volume of 639 shares, compared to its average volume of 2,856. The company has a quick ratio of 0.97, a current ratio of 0.99 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $34.27 million, a PE ratio of -19.62 and a beta of 0.15. The company’s 50 day simple moving average is $8.01 and its 200-day simple moving average is $9.43. Intellinetics has a 12-month low of $7.50 and a 12-month high of $15.72.

Intellinetics Company Profile

Intellinetics, Inc is a provider of enterprise content management and digital transformation solutions designed to help organizations streamline document-centric processes and improve operational efficiency. The company’s platform enables clients to capture, store, manage and retrieve both paper and electronic records through a unified system, reducing reliance on manual workflows and minimizing the risks associated with paper-based information handling.

The company offers a range of software products and professional services aimed at automating business processes and ensuring secure, compliant access to critical data.