Intelligent Group Limited (NASDAQ:INTJ) Short Interest Update

Intelligent Group Limited (NASDAQ:INTJ) was the recipient of a large decline in short interest in February. As of February 27th, there was short interest totaling 4,568 shares, a decline of 95.2% from the February 12th total of 95,322 shares. Approximately 0.7% of the company’s stock are short sold. Based on an average trading volume of 13,368 shares, the days-to-cover ratio is currently 0.3 days. Based on an average trading volume of 13,368 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.7% of the company’s stock are short sold.

Hedge Funds Weigh In On Intelligent Group

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

Intelligent Group Trading Up 2.1%

NASDAQ:INTJ traded up $0.14 during mid-day trading on Thursday, hitting $7.15. 2,498 shares of the company’s stock traded hands, compared to its average volume of 11,224. The company has a fifty day moving average of $7.85 and a 200 day moving average of $9.91. Intelligent Group has a twelve month low of $5.80 and a twelve month high of $33.99.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Intelligent Group in a research note on Thursday, January 22nd. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Intelligent Group has a consensus rating of “Sell”.

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.