Intelligent Group Limited (NASDAQ:INTJ) Short Interest Update

Intelligent Group Limited (NASDAQ:INTJ) was the target of a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 54,386 shares, a growth of 208.8% from the January 15th total of 17,612 shares. Based on an average daily volume of 220,462 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.4% of the company’s shares are sold short. Currently, 0.4% of the company’s shares are sold short. Based on an average daily volume of 220,462 shares, the days-to-cover ratio is currently 0.2 days.

Intelligent Group Stock Up 3.6%

Shares of NASDAQ:INTJ opened at $0.33 on Friday. Intelligent Group has a fifty-two week low of $0.29 and a fifty-two week high of $1.70. The firm has a 50-day simple moving average of $0.48 and a 200 day simple moving average of $0.56.

Intelligent Group shares are going to reverse split before the market opens on Tuesday, February 17th. The 1-20 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Monday, February 16th.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Intelligent Group stock. Citadel Advisors LLC acquired a new position in shares of Intelligent Group Limited (NASDAQ:INTJ) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 57,887 shares of the company’s stock, valued at approximately $29,000. Citadel Advisors LLC owned 0.44% of Intelligent Group at the end of the most recent quarter.

Analyst Upgrades and Downgrades

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

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.