Short Interest in Intellinetics, Inc. (NYSEAMERICAN:INLX) Grows By 158.8%

Intellinetics, Inc. (NYSEAMERICAN:INLX) was the target of a large growth in short interest during the month of January. As of January 30th, there was short interest totaling 3,098 shares, a growth of 158.8% from the January 15th total of 1,197 shares. Based on an average daily volume of 1,447 shares, the short-interest ratio is currently 2.1 days. Currently, 0.1% of the shares of the company are short sold. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 1,447 shares, the short-interest ratio is currently 2.1 days.

Intellinetics Stock Performance

NYSEAMERICAN:INLX traded down $0.11 during mid-day trading on Thursday, reaching $8.00. 375 shares of the stock were exchanged, compared to its average volume of 1,726. The stock has a market capitalization of $35.84 million, a P/E ratio of -20.51 and a beta of 0.15. Intellinetics has a 1 year low of $7.50 and a 1 year high of $15.72. The company has a 50 day simple moving average of $8.14 and a 200-day simple moving average of $9.73. 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 (NYSEAMERICAN:INLX) last posted its quarterly earnings data on Wednesday, November 12th. The company reported ($0.08) earnings per share for the quarter. Intellinetics had a negative net margin of 10.40% and a negative return on equity of 15.64%. The firm had revenue of $4.00 million during the quarter. Analysts anticipate that Intellinetics will post -0.19 earnings per share for the current fiscal year.

About Intellinetics

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.