Intellinetics, Inc. (NYSEAMERICAN:INLX) Short Interest Down 22.4% in December

Intellinetics, Inc. (NYSEAMERICAN:INLX) saw a large drop in short interest during the month of December. As of December 31st, there was short interest totaling 2,142 shares, a drop of 22.4% from the December 15th total of 2,762 shares. Based on an average daily trading volume, of 1,991 shares, the days-to-cover ratio is presently 1.1 days. Approximately 0.1% of the shares of the company are short sold. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 1,991 shares, the days-to-cover ratio is presently 1.1 days.

Intellinetics Stock Performance

Shares of INLX stock traded down $0.12 during trading hours on Monday, hitting $7.95. The company’s stock had a trading volume of 1,133 shares, compared to its average volume of 3,527. The stock has a market cap of $35.62 million, a PE ratio of -20.38 and a beta of 0.12. Intellinetics has a 12-month low of $7.50 and a 12-month high of $15.72. The company has a 50 day moving average of $8.39 and a 200 day moving average of $10.35. The company has a current ratio of 0.99, a quick ratio of 0.97 and a debt-to-equity ratio of 0.01.

Intellinetics (NYSEAMERICAN:INLX) last issued its earnings results on Wednesday, November 12th. The company reported ($0.08) earnings per share (EPS) for the quarter. The business had revenue of $4.00 million for the quarter. Intellinetics had a negative return on equity of 15.64% and a negative net margin of 10.40%. On average, sell-side analysts forecast that Intellinetics will post -0.19 EPS for the current fiscal year.

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.