Intellinetics, Inc. (NYSEAMERICAN:INLX) Short Interest Update

Intellinetics, Inc. (NYSEAMERICAN:INLX) saw a significant increase in short interest during the month of February. As of February 15th, there was short interest totalling 8,000 shares, an increase of 29.0% from the January 31st total of 6,200 shares. Based on an average daily volume of 5,000 shares, the days-to-cover ratio is presently 1.6 days. Currently, 0.3% of the shares of the company are short sold.

Intellinetics Price Performance

Shares of INLX traded down $0.44 during midday trading on Wednesday, reaching $11.32. 1,247 shares of the stock were exchanged, compared to its average volume of 5,015. Intellinetics has a twelve month low of $5.85 and a twelve month high of $16.50. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.97 and a quick ratio of 0.95. The stock has a market cap of $47.88 million, a P/E ratio of -125.76 and a beta of 0.39. The firm has a 50-day simple moving average of $13.11.

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.