Intellinetics, Inc. (NYSEAMERICAN:INLX) Sees Large Increase in Short Interest

Intellinetics, Inc. (NYSEAMERICAN:INLX - Get Free Report) was the recipient of a significant growth in short interest in November. As of November 30th, there was short interest totalling 18,500 shares, a growth of 17.8% from the November 15th total of 15,700 shares. Based on an average daily trading volume, of 8,100 shares, the short-interest ratio is currently 2.3 days. Currently, 0.7% of the shares of the stock are short sold.

Intellinetics Price Performance

Shares of INLX stock traded down $0.25 during trading hours on Monday, hitting $14.09. 3,534 shares of the company's stock traded hands, compared to its average volume of 11,408. The company has a market capitalization of $59.60 million, a P/E ratio of -156.54 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 12 month low of $4.27 and a 12 month high of $16.50.

Intellinetics Company Profile

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.