Short Interest in Intellinetics, Inc. (NYSEAMERICAN:INLX) Drops By 44.1%

Intellinetics, Inc. (NYSEAMERICAN:INLX) saw a significant decrease in short interest in the month of January. As of January 15th, there was short interest totaling 1,197 shares, a decrease of 44.1% from the December 31st total of 2,142 shares. Based on an average daily volume of 4,971 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the company’s stock are short sold. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 4,971 shares, the days-to-cover ratio is currently 0.2 days.

Intellinetics Stock Down 1.3%

INLX stock traded down $0.11 during midday trading on Friday, reaching $8.22. 2,948 shares of the company’s stock traded hands, compared to its average volume of 3,061. The company has a quick ratio of 0.97, a current ratio of 0.99 and a debt-to-equity ratio of 0.01. The firm’s fifty day moving average price is $8.20 and its 200-day moving average price is $10.04. Intellinetics has a 52 week low of $7.50 and a 52 week high of $15.72. The company has a market cap of $36.83 million, a price-to-earnings ratio of -21.08 and a beta of 0.12.

Intellinetics (NYSEAMERICAN:INLX) last posted its earnings results on Wednesday, November 12th. The company reported ($0.08) EPS for the quarter. The business had revenue of $4.00 million for the quarter. Intellinetics had a negative return on equity of 15.64% and a negative net margin of 10.40%. As a group, sell-side analysts forecast that Intellinetics will post -0.19 earnings per share for the current fiscal year.

About Intellinetics

Intellinetics, Inc is a provider of enterprise content management and digital transformation solutions designed to help organizations streamline document-centric processes and improve operational efficiency. The company’s platform enables clients to capture, store, manage and retrieve both paper and electronic records through a unified system, reducing reliance on manual workflows and minimizing the risks associated with paper-based information handling.

The company offers a range of software products and professional services aimed at automating business processes and ensuring secure, compliant access to critical data.