Short Interest in Intellinetics, Inc. (NYSEAMERICAN:INLX) Decreases By 45.0%

Intellinetics, Inc. (NYSEAMERICAN:INLX) saw a large decline in short interest in February. As of February 28th, there was short interest totalling 4,400 shares, a decline of 45.0% from the February 13th total of 8,000 shares. Based on an average daily volume of 4,800 shares, the short-interest ratio is presently 0.9 days. Currently, 0.2% of the shares of the stock are sold short.

Intellinetics Price Performance

Shares of NYSEAMERICAN:INLX remained flat at $11.60 on Friday. 107 shares of the stock traded hands, compared to its average volume of 4,994. The firm’s fifty day moving average price is $12.87. The stock has a market capitalization of $49.07 million, a P/E ratio of -128.87 and a beta of 0.39. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.95 and a current ratio of 0.97. Intellinetics has a 52 week low of $5.85 and a 52 week high of $16.50.

About Intellinetics

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.