Intelligent Group Limited (NASDAQ:INTJ) Short Interest Up 75.3% in February

Intelligent Group Limited (NASDAQ:INTJ) was the target of a large increase in short interest in February. As of February 13th, there was short interest totaling 95,322 shares, an increase of 75.3% from the January 29th total of 54,386 shares. Currently, 14.4% of the company’s stock are short sold. Based on an average daily trading volume, of 236,050 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily trading volume, of 236,050 shares, the days-to-cover ratio is presently 0.4 days. Currently, 14.4% of the company’s stock are short sold.

Intelligent Group Price Performance

Shares of NASDAQ:INTJ traded down $0.02 on Friday, reaching $7.11. The company had a trading volume of 1,333 shares, compared to its average volume of 15,490. The stock has a 50-day moving average price of $8.62 and a 200 day moving average price of $10.19. Intelligent Group has a twelve month low of $5.80 and a twelve month high of $33.99.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Intelligent Group in a research report on Thursday, January 22nd. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, Intelligent Group has a consensus rating of “Sell”.

Institutional Investors Weigh In On Intelligent Group

A hedge fund recently bought a new stake in Intelligent Group stock. Citadel Advisors LLC bought a new stake in shares of Intelligent Group Limited (NASDAQ:INTJ) in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 57,887 shares of the company’s stock, valued at approximately $29,000. Citadel Advisors LLC owned about 0.44% of Intelligent Group at the end of the most recent reporting period.

About Intelligent Group

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.