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

Key Points

• Intellinetics, Inc. experienced a significant decrease in short interest in August, dropping by 35.7% to a total of 900 shares, with a days-to-cover ratio of 0.2 days.
• The stock opened at $12.50 and has a market capitalization of $56 million, with a twelve-month range between $8.74 and $16.50.
• Intellinetics specializes in document services and software solutions, operating in two segments: Document Management and Document Conversion.

Intellinetics, Inc. (NYSEAMERICAN:INLX - ) was the target of a large decrease in short interest in August. As of August 31st, there was short interest totaling 900 shares, a decrease of 35.7% from the August 15th total of 1,400 shares. Based on an average trading volume of 5,400 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 5,400 shares, the days-to-cover ratio is currently 0.2 days.

Intellinetics Stock Performance

NYSEAMERICAN INLX opened at $12.50 on Monday. The stock has a market capitalization of $56 million, a price-to-earnings ratio of -31.25 and a beta of 0.26. Intellinetics has a twelve month low of $8.74 and a twelve month high of $16.50. The company has a current ratio of 0.98, a quick ratio of 0.95 and a debt-to-equity ratio of 0.01. The stock has a 50-day moving average of $11.69 and a 200 day moving average of $12.28.

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.

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