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

Intellinetics, Inc. (NYSEAMERICAN:INLX) was the target of a large decrease in short interest in January. As of January 31st, there was short interest totalling 6,200 shares, a decrease of 12.7% from the January 15th total of 7,100 shares. Based on an average daily volume of 4,900 shares, the days-to-cover ratio is currently 1.3 days. Currently, 0.2% of the company’s shares are sold short.

Intellinetics Stock Up 2.0 %

Shares of Intellinetics stock traded up $0.24 during trading on Monday, hitting $12.48. The company’s stock had a trading volume of 2,495 shares, compared to its average volume of 5,543. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.97 and a quick ratio of 0.95. The firm has a market cap of $52.79 million, a price-to-earnings ratio of -138.65 and a beta of 0.39. 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.