Intellinetics, Inc. (NYSEAMERICAN:INLX) Sees Large Drop in Short Interest

Intellinetics, Inc. (NYSEAMERICAN:INLX) saw a large drop in short interest in the month of January. As of January 15th, there was short interest totaling 1,197 shares, a drop of 44.1% from the December 31st total of 2,142 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 4,971 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 4,971 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the company’s shares are short sold.

Intellinetics Stock Performance

Shares of NYSEAMERICAN:INLX traded down $0.11 on Friday, reaching $8.22. 2,948 shares of the company’s stock were exchanged, compared to its average volume of 3,061. The company has a quick ratio of 0.97, a current ratio of 0.99 and a debt-to-equity ratio of 0.01. Intellinetics has a fifty-two week low of $7.50 and a fifty-two week high of $15.72. The business’s 50-day moving average is $8.20 and its two-hundred day moving average is $10.06. The firm has a market capitalization of $36.83 million, a price-to-earnings ratio of -21.08 and a beta of 0.12.

Intellinetics (NYSEAMERICAN:INLX) last announced its quarterly earnings data on Wednesday, November 12th. The company reported ($0.08) EPS for the quarter. Intellinetics had a negative net margin of 10.40% and a negative return on equity of 15.64%. The company had revenue of $4.00 million for the quarter. As a group, equities research analysts forecast that Intellinetics will post -0.19 EPS for the current 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.