Intelligent Group Limited (NASDAQ:INTJ) Sees Large Increase in Short Interest

Intelligent Group Limited (NASDAQ:INTJ) saw a significant growth in short interest during the month of September. As of September 30th, there was short interest totalling 20,900 shares, a growth of 266.7% from the September 15th total of 5,700 shares. Currently, 0.5% of the company’s shares are short sold. Based on an average daily volume of 56,000 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Trading of Intelligent Group

An institutional investor recently bought a new position in Intelligent Group stock. Virtu Financial LLC bought a new stake in shares of Intelligent Group Limited (NASDAQ:INTJ) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 17,959 shares of the company’s stock, valued at approximately $32,000. Virtu Financial LLC owned approximately 0.14% of Intelligent Group as of its most recent filing with the Securities and Exchange Commission (SEC).

Intelligent Group Price Performance

Shares of Intelligent Group stock traded up $0.03 during midday trading on Friday, reaching $0.96. 19,889 shares of the company’s stock traded hands, compared to its average volume of 200,754. The stock has a 50 day moving average of $0.97 and a 200-day moving average of $1.12. Intelligent Group has a 12 month low of $0.83 and a 12 month high of $7.87.

Intelligent Group Company Profile

Intelligent Group Limited, through its subsidiaries, provides financial public relations services in the Hong Kong. The company offers financial PR services, such as creating multi-stakeholder communications programs, arranging press conferences and interviews, participating in the preparation of news releases and shareholders' meetings, monitoring news publications, identifying shareholders, targeting potential investors, organizing corporate events, and implementing crisis management policies and procedures.