Intelligent Group Limited (NASDAQ:INTJ) Short Interest Update

Intelligent Group Limited (NASDAQ:INTJ) was the recipient of a large growth in short interest during 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 trading volume of 220,462 shares, the short-interest ratio is presently 0.2 days. Currently, 0.4% of the company’s shares are short sold. Currently, 0.4% of the company’s shares are short sold. Based on an average trading volume of 220,462 shares, the short-interest ratio is presently 0.2 days.

Institutional Investors Weigh In On Intelligent Group

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

Intelligent Group Trading Down 7.6%

Shares of Intelligent Group stock opened at $0.32 on Thursday. The firm’s 50-day moving average is $0.49 and its two-hundred day moving average is $0.57. Intelligent Group has a 1 year low of $0.29 and a 1 year high of $1.70.

Shares of Intelligent Group are going to reverse split 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.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Intelligent Group in a research note on Thursday, January 22nd. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

Intelligent Group Company Profile

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.