Intelligent Group Limited (NASDAQ:INTJ) Short Interest Update

Intelligent Group Limited (NASDAQ:INTJ) saw a large decline in short interest in the month of December. As of December 15th, there was short interest totaling 37,831 shares, a decline of 39.3% from the November 30th total of 62,299 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average trading volume of 43,737 shares, the short-interest ratio is presently 0.9 days. Based on an average trading volume of 43,737 shares, the short-interest ratio is presently 0.9 days. Approximately 0.3% of the company’s stock are sold short.

Institutional Investors Weigh In On Intelligent Group

An institutional investor recently bought a new position in Intelligent Group stock. Citadel Advisors LLC purchased a new position in Intelligent Group Limited (NASDAQ:INTJ) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 57,887 shares of the company’s stock, valued at approximately $29,000. Citadel Advisors LLC owned approximately 0.44% of Intelligent Group at the end of the most recent quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Intelligent Group in a report on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

Intelligent Group Trading Down 3.3%

Shares of INTJ stock traded down $0.02 during trading hours on Friday, hitting $0.58. 4,335 shares of the company were exchanged, compared to its average volume of 35,411. The firm has a fifty day simple moving average of $0.55 and a 200 day simple moving average of $0.73. Intelligent Group has a 52-week low of $0.42 and a 52-week high of $1.70.

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.