Intelligent Group Limited (NASDAQ:INTJ) Short Interest Update

Intelligent Group Limited (NASDAQ:INTJ) saw a significant growth in short interest in July. As of July 15th, there was short interest totaling 14,958 shares, a growth of 867.5% from the June 30th total of 1,546 shares. Approximately 1.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 59,925 shares, the short-interest ratio is presently 0.2 days.

Institutional Investors Weigh In On Intelligent Group

A hedge fund recently bought a new position in Intelligent Group stock. Citadel Advisors LLC acquired a new stake in Intelligent Group Limited (NASDAQ:INTJ) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 57,887 shares of the company’s stock, valued at approximately $29,000. Citadel Advisors LLC owned 0.44% of Intelligent Group as of its most recent SEC filing.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Intelligent Group in a research report on Monday, July 6th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

Intelligent Group Price Performance

NASDAQ INTJ traded up $0.04 during mid-day trading on Friday, reaching $3.19. 384 shares of the stock were exchanged, compared to its average volume of 100,362. The company has a quick ratio of 27.30, a current ratio of 27.30 and a debt-to-equity ratio of 0.02. Intelligent Group has a 1-year low of $3.01 and a 1-year high of $26.00. The business’s fifty day simple moving average is $5.51 and its 200 day simple moving average is $7.40.

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.