Short Interest in Intellinetics, Inc. (NYSEAMERICAN:INLX) Increases By 29.0%

Intellinetics, Inc. (NYSEAMERICAN:INLX) was the recipient of a significant growth in short interest in the month of February. As of February 15th, there was short interest totalling 8,000 shares, a growth of 29.0% from the January 31st total of 6,200 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average daily trading volume, of 5,000 shares, the short-interest ratio is currently 1.6 days.

Intellinetics Stock Performance

Shares of INLX traded up $0.38 during mid-day trading on Thursday, reaching $11.70. 2,348 shares of the company’s stock traded hands, compared to its average volume of 4,931. Intellinetics has a 12 month low of $5.85 and a 12 month high of $16.50. The company has a market cap of $49.49 million, a PE ratio of -129.99 and a beta of 0.39. The firm’s 50-day simple moving average is $13.11. The company has a quick ratio of 0.95, a current ratio of 0.97 and a debt-to-equity ratio of 0.14.

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.