Short Interest in Intellinetics, Inc. (NYSEAMERICAN:INLX) Decreases By 35.0%

Intellinetics, Inc. (NYSEAMERICAN:INLX - Get Free Report) was the recipient of a large decline in short interest during the month of May. As of May 15th, there was short interest totalling 3,900 shares, a decline of 35.0% from the April 30th total of 6,000 shares. Currently, 0.2% of the company's stock are short sold. Based on an average daily volume of 5,200 shares, the days-to-cover ratio is presently 0.8 days.

Intellinetics Stock Down 3.3%

Shares of INLX traded down $0.43 during trading hours on Monday, hitting $12.66. The company had a trading volume of 3,322 shares, compared to its average volume of 5,313. Intellinetics has a 52-week low of $5.85 and a 52-week high of $16.50. The firm has a fifty day moving average price of $13.40 and a 200-day moving average price of $13.15. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.95 and a current ratio of 0.97. The stock has a market capitalization of $53.55 million, a price-to-earnings ratio of -140.65 and a beta of 0.39.

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.