Short Interest in Intelligent Group Limited (NASDAQ:INTJ) Declines By 28.1%

Intelligent Group Limited (NASDAQ:INTJ) was the target of a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 40,500 shares, a drop of 28.1% from the August 31st total of 56,300 shares. Approximately 0.5% of the company’s stock are short sold. Based on an average daily volume of 228,300 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 228,300 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.5% of the company’s stock are short sold.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Intelligent Group in a report on Saturday, September 27th. One analyst has rated the stock with a Sell rating, According to MarketBeat, Intelligent Group presently has a consensus rating of “Sell”.

Intelligent Group Price Performance

Intelligent Group stock opened at $0.48 on Tuesday. Intelligent Group has a twelve month low of $0.45 and a twelve month high of $1.70. The firm has a 50 day moving average price of $0.69 and a 200-day moving average price of $0.75.

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.