Intelligent Group Limited (NASDAQ:INTJ) Short Interest Down 77.3% in September

Intelligent Group Limited (NASDAQ:INTJ) was the target of a significant drop in short interest in the month of September. As of September 15th, there was short interest totalling 5,700 shares, a drop of 77.3% from the August 31st total of 25,100 shares. Based on an average trading volume of 51,500 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the shares of the stock are sold short.

Institutional Trading of Intelligent Group

A hedge fund recently bought a new stake in Intelligent Group stock. Virtu Financial LLC acquired a new stake in Intelligent Group Limited (NASDAQ:INTJ) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 17,959 shares of the company’s stock, valued at approximately $32,000. Virtu Financial LLC owned about 0.14% of Intelligent Group at the end of the most recent reporting period.

Intelligent Group Stock Performance

Shares of NASDAQ:INTJ traded down $0.03 during midday trading on Wednesday, reaching $0.92. 17,342 shares of the company were exchanged, compared to its average volume of 213,467. The company’s fifty day moving average is $0.97. Intelligent Group has a one year low of $0.83 and a one year high of $7.87.

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.