Short Interest in Intelligent Group Limited (NASDAQ:INTJ) Decreases By 52.3%

Intelligent Group Limited (NASDAQ:INTJ) was the target of a significant decrease in short interest during the month of January. As of January 15th, there was short interest totaling 17,612 shares, a decrease of 52.3% from the December 31st total of 36,896 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 78,806 shares, the short-interest ratio is presently 0.2 days. Based on an average daily trading volume, of 78,806 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the shares of the stock are short sold.

Analyst Ratings Changes

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

Intelligent Group Trading Up 6.8%

Shares of INTJ traded up $0.03 during mid-day trading on Friday, reaching $0.40. The stock had a trading volume of 1,164,097 shares, compared to its average volume of 91,472. The business’s fifty day moving average is $0.52 and its 200 day moving average is $0.63. Intelligent Group has a 52-week low of $0.30 and a 52-week high of $1.70.

Shares of Intelligent Group are set to reverse split on Wednesday, February 4th. The 1-20 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Tuesday, February 3rd.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Intelligent Group stock. Citadel Advisors LLC acquired a new stake in Intelligent Group Limited (NASDAQ:INTJ) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 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.

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.