Intellinetics, Inc. (NYSEAMERICAN:INLX) Short Interest Up 29.0% in February

Intellinetics, Inc. (NYSEAMERICAN:INLX) was the target of a significant increase in short interest in 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. Currently, 0.3% of the company’s stock are short sold. Based on an average trading volume of 5,000 shares, the short-interest ratio is presently 1.6 days.

Intellinetics Stock Performance

Intellinetics stock remained flat at $11.76 during mid-day trading on Tuesday. 4,864 shares of the company’s stock traded hands, compared to its average volume of 5,109. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.97 and a quick ratio of 0.95. The company has a market cap of $49.74 million, a price-to-earnings ratio of -130.65 and a beta of 0.39. Intellinetics has a 52-week low of $5.85 and a 52-week high of $16.50. The business has a fifty day simple moving average of $13.11.

About Intellinetics

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.