Intelligent Group Limited (NASDAQ:INTJ) Sees Large Growth in Short Interest

Intelligent Group Limited (NASDAQ:INTJ) was the recipient of a significant increase in short interest in November. As of November 30th, there was short interest totalling 88,800 shares, an increase of 557.8% from the November 15th total of 13,500 shares. Approximately 2.2% of the company’s stock are short sold. Based on an average trading volume of 65,700 shares, the days-to-cover ratio is presently 1.4 days.

Intelligent Group Stock Performance

Shares of INTJ traded up $0.01 during mid-day trading on Thursday, hitting $0.97. 3,394 shares of the company traded hands, compared to its average volume of 171,491. Intelligent Group has a 1-year low of $0.82 and a 1-year high of $7.87. The business has a 50 day moving average of $0.95 and a 200 day moving average of $0.98.

About Intelligent Group

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.