Intelligent Group Limited (NASDAQ:INTJ) Sees Significant Drop in Short Interest

Intelligent Group Limited (NASDAQ:INTJ) was the recipient of a significant drop in short interest during the month of September. As of September 15th, there was short interest totaling 40,500 shares, a drop of 28.1% from the August 31st total of 56,300 shares. Based on an average daily volume of 228,300 shares, the short-interest ratio is presently 0.2 days. Currently, 0.5% of the company’s shares are short sold. Currently, 0.5% of the company’s shares are short sold. Based on an average daily volume of 228,300 shares, the short-interest ratio is presently 0.2 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Intelligent Group in a research note on Wednesday. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Intelligent Group Price Performance

INTJ stock opened at $0.49 on Thursday. Intelligent Group has a twelve month low of $0.44 and a twelve month high of $1.70. The company’s 50 day moving average is $0.66 and its two-hundred day moving average is $0.74.

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.