Intelligent Group Limited (NASDAQ:INTJ) Sees Large Decrease in Short Interest

Intelligent Group Limited (NASDAQ:INTJ) was the recipient of a large decline in short interest in November. As of November 15th, there was short interest totalling 13,500 shares, a decline of 34.1% from the October 31st total of 20,500 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average trading volume of 66,100 shares, the short-interest ratio is presently 0.2 days.

Intelligent Group Trading Down 1.1 %

NASDAQ:INTJ opened at $0.92 on Friday. Intelligent Group has a fifty-two week low of $0.82 and a fifty-two week high of $7.87. The stock has a fifty day moving average price of $0.95 and a 200-day moving average price of $0.99.

Institutional Investors Weigh In On Intelligent Group

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

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.