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

Intellinetics, Inc. (NYSEAMERICAN:INLX) was the target of a large growth in short interest in the month of February. As of February 15th, there was short interest totalling 8,000 shares, a growth of 29.0% from the January 31st total of 6,200 shares. Based on an average daily trading volume, of 5,000 shares, the days-to-cover ratio is currently 1.6 days. Approximately 0.3% of the shares of the stock are short sold.

Intellinetics Price Performance

Shares of INLX traded up $0.38 during trading hours on Thursday, hitting $11.70. The stock had a trading volume of 2,348 shares, compared to its average volume of 4,931. The stock has a market capitalization of $49.49 million, a PE ratio of -129.99 and a beta of 0.39. The company’s fifty day moving average price is $13.11. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.97 and a quick ratio of 0.95. Intellinetics has a 52 week low of $5.85 and a 52 week high of $16.50.

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.