Intelligent Group Limited (NASDAQ:INTJ) Short Interest Update

Intelligent Group Limited (NASDAQ:INTJ) was the recipient of a large increase in short interest in the month of March. As of March 31st, there was short interest totaling 4,150 shares, an increase of 70.9% from the March 15th total of 2,429 shares. Based on an average daily volume of 11,764 shares, the short-interest ratio is presently 0.4 days. Currently, 0.3% of the shares of the company are sold short.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Intelligent Group in a research report on Thursday, January 22nd. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Intelligent Group currently has a consensus rating of “Sell”.

Intelligent Group Price Performance

INTJ stock traded down $0.01 during mid-day trading on Tuesday, reaching $8.76. 22,226 shares of the company’s stock were exchanged, compared to its average volume of 8,269. The company has a debt-to-equity ratio of 0.02, a quick ratio of 27.30 and a current ratio of 27.30. Intelligent Group has a 12-month low of $5.80 and a 12-month high of $33.99. The stock’s 50 day moving average is $7.73 and its 200 day moving average is $9.39.

Intelligent Group (NASDAQ:INTJ) last announced its earnings results on Tuesday, March 31st. The company reported ($1.14) earnings per share for the quarter. The firm had revenue of $0.66 million during the quarter.

Hedge Funds Weigh In On Intelligent Group

A hedge fund recently bought a new stake in Intelligent Group stock. XTX Topco Ltd acquired a new stake in Intelligent Group Limited (NASDAQ:INTJ) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 124,128 shares of the company’s stock, valued at approximately $74,000. XTX Topco Ltd owned approximately 0.95% of Intelligent Group as of its most recent filing with the Securities and Exchange Commission.

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.