Intellinetics, Inc. (NYSEAMERICAN:INLX) Short Interest Update

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

Intellinetics Stock Down 1.3%

Intellinetics stock traded down $0.11 during trading hours on Friday, hitting $8.22. The stock had a trading volume of 2,948 shares, compared to its average volume of 3,061. Intellinetics has a 12-month low of $7.50 and a 12-month high of $15.72. The stock’s 50-day moving average price is $8.20 and its 200-day moving average price is $10.06. The stock has a market capitalization of $36.83 million, a P/E ratio of -21.08 and a beta of 0.12. 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 issued 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 company had revenue of $4.00 million for the quarter. Equities research analysts anticipate that Intellinetics will post -0.19 EPS 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.