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

Intellinetics, Inc. (NYSEAMERICAN:INLX) was the recipient of a significant decrease in short interest during the month of December. As of December 31st, there was short interest totaling 2,142 shares, a decrease of 22.4% from the December 15th total of 2,762 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 1,991 shares, the days-to-cover ratio is presently 1.1 days. Based on an average daily volume of 1,991 shares, the days-to-cover ratio is presently 1.1 days. Currently, 0.1% of the company’s shares are sold short.

Intellinetics Trading Down 1.5%

INLX stock traded down $0.12 on Friday, hitting $7.95. 1,133 shares of the company were exchanged, compared to its average volume of 3,527. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.99 and a quick ratio of 0.97. The stock has a market capitalization of $35.62 million, a price-to-earnings ratio of -20.38 and a beta of 0.12. Intellinetics has a twelve month low of $7.50 and a twelve month high of $15.72. The business’s fifty day moving average is $8.39 and its two-hundred day moving average is $10.36.

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