Short Interest in Intellinetics, Inc. (NYSEAMERICAN:INLX) Grows By 93.9%

Intellinetics, Inc. (NYSEAMERICAN:INLX) was the recipient of a significant growth in short interest during the month of March. As of March 31st, there was short interest totalling 9,500 shares, a growth of 93.9% from the March 15th total of 4,900 shares. Based on an average daily volume of 5,800 shares, the short-interest ratio is currently 1.6 days. Approximately 0.4% of the company’s shares are short sold.

Intellinetics Trading Up 2.8 %

Shares of NYSEAMERICAN:INLX traded up $0.35 during midday trading on Wednesday, hitting $13.00. 2,309 shares of the stock traded hands, compared to its average volume of 5,602. Intellinetics has a one year low of $5.85 and a one year high of $16.50. The stock has a market capitalization of $54.99 million, a PE ratio of -144.43 and a beta of 0.39. The company has a quick ratio of 0.95, a current ratio of 0.97 and a debt-to-equity ratio of 0.14. The business’s 50 day moving average is $12.48 and its two-hundred day moving average is $12.79.

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.