Short Interest in Intellinetics, Inc. (NYSEAMERICAN:INLX) Drops By 22.4%

Intellinetics, Inc. (NYSEAMERICAN:INLX) saw a large decrease in short interest during the month of December. As of December 31st, there was short interest totaling 2,142 shares, a decrease of 22.4% from the December 15th total of 2,762 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 1,991 shares, the short-interest ratio is currently 1.1 days. Based on an average daily trading volume, of 1,991 shares, the short-interest ratio is currently 1.1 days. Currently, 0.1% of the company’s stock are short sold.

Intellinetics Stock Down 1.5%

Shares of NYSEAMERICAN INLX traded down $0.12 during midday trading on Friday, reaching $7.95. 1,133 shares of the company’s stock were exchanged, compared to its average volume of 3,527. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.97 and a current ratio of 0.99. Intellinetics has a 52-week low of $7.50 and a 52-week high of $15.72. The business’s fifty day moving average price is $8.39 and its two-hundred day moving average price is $10.36. The stock has a market capitalization of $35.62 million, a PE ratio of -20.38 and a beta of 0.12.

Intellinetics (NYSEAMERICAN:INLX) last posted its quarterly earnings data on Wednesday, November 12th. The company reported ($0.08) earnings per share (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%. Analysts forecast that Intellinetics will post -0.19 EPS for the current year.

Intellinetics Company Profile

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.