Short Interest in Intelligent Group Limited (NASDAQ:INTJ) Rises By 13.9%

Intelligent Group Limited (NASDAQ:INTJ) was the target of a significant increase in short interest during the month of October. As of October 31st, there was short interest totalling 20,500 shares, an increase of 13.9% from the October 15th total of 18,000 shares. Currently, 0.5% of the company’s shares are sold short. Based on an average daily volume of 61,800 shares, the short-interest ratio is presently 0.3 days.

Hedge Funds Weigh In On Intelligent Group

An institutional investor recently bought a new position in Intelligent Group stock. Virtu Financial LLC purchased a new stake in Intelligent Group Limited (NASDAQ:INTJ) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 17,959 shares of the company’s stock, valued at approximately $32,000. Virtu Financial LLC owned 0.14% of Intelligent Group as of its most recent filing with the Securities and Exchange Commission (SEC).

Intelligent Group Stock Up 0.8 %

Shares of INTJ traded up $0.01 during trading hours on Monday, reaching $0.90. 7,689 shares of the company traded hands, compared to its average volume of 180,511. Intelligent Group has a 12-month low of $0.83 and a 12-month high of $7.87. The stock’s fifty day moving average price is $0.96 and its 200 day moving average price is $1.00.

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.