Intrusion Inc. (NASDAQ:INTZ) Short Interest Up 27.9% in February

Intrusion Inc. (NASDAQ:INTZ) was the target of a significant growth in short interest during the month of February. As of February 15th, there was short interest totalling 474,700 shares, a growth of 27.9% from the January 31st total of 371,100 shares. Approximately 2.8% of the company’s stock are sold short. Based on an average daily trading volume, of 7,780,000 shares, the short-interest ratio is presently 0.1 days.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on INTZ shares. HC Wainwright reissued a “neutral” rating and set a $1.00 price target on shares of Intrusion in a research report on Monday. Ascendiant Capital Markets cut their target price on Intrusion from $14.00 to $11.00 and set a “buy” rating on the stock in a research note on Wednesday, December 4th.

Intrusion Trading Up 0.0 %

NASDAQ:INTZ traded up $0.00 during mid-day trading on Thursday, reaching $0.99. The company’s stock had a trading volume of 286,964 shares, compared to its average volume of 2,146,899. The stock has a market cap of $19.15 million, a P/E ratio of -0.52 and a beta of -0.70. The firm’s fifty day moving average price is $1.98 and its two-hundred day moving average price is $1.21. Intrusion has a 12-month low of $0.35 and a 12-month high of $7.34.

Intrusion (NASDAQ:INTZ) last posted its quarterly earnings data on Thursday, February 27th. The company reported ($0.36) EPS for the quarter, missing analysts’ consensus estimates of ($0.23) by ($0.13). The company had revenue of $1.68 million during the quarter, compared to the consensus estimate of $2.03 million. Analysts predict that Intrusion will post -1.63 earnings per share for the current fiscal year.

Institutional Trading of Intrusion

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. LPL Financial LLC bought a new stake in shares of Intrusion during the 4th quarter valued at $31,000. IHT Wealth Management LLC bought a new position in Intrusion in the 4th quarter worth $32,000. Finally, Geode Capital Management LLC lifted its position in Intrusion by 47.5% during the fourth quarter. Geode Capital Management LLC now owns 68,662 shares of the company’s stock valued at $211,000 after purchasing an additional 22,119 shares in the last quarter. 19.43% of the stock is owned by hedge funds and other institutional investors.

About Intrusion

Intrusion Inc, a cybersecurity company in the United States. The company offers its customers access to threat intelligence database, which contains the historical data, known associations, and reputational behavior of Internet Protocol addresses. It offers INTRUSION Shield, a zero trust reputation-based Software as a Service solution that inspects and kills dangerous network connections.