Short Interest in Intellinetics, Inc. (NYSEAMERICAN:INLX) Decreases By 45.0%

Intellinetics, Inc. (NYSEAMERICAN:INLX) was the target of a significant drop in short interest during the month of February. As of February 28th, there was short interest totalling 4,400 shares, a drop of 45.0% from the February 13th total of 8,000 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average trading volume of 4,800 shares, the short-interest ratio is currently 0.9 days.

Intellinetics Stock Performance

Shares of Intellinetics stock remained flat at $11.60 during midday trading on Friday. 107 shares of the stock traded hands, compared to its average volume of 4,994. The firm has a fifty day simple moving average of $12.87. The firm has a market capitalization of $49.07 million, a P/E ratio of -128.87 and a beta of 0.39. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.95 and a current ratio of 0.97. Intellinetics has a twelve month low of $5.85 and a twelve month high of $16.50.

About Intellinetics

Intellinetics, Inc designs, develops, tests, markets, and licenses document services and software solutions in the United States. The company operates in two segments, Document Management and Document Conversion. Its software platform allows its customers to capture and manage documents across operations, such as scanned hard-copy documents and digital documents, including Microsoft Office 365, digital images, audios, videos, and emails.