Intrusion Inc. (NASDAQ:INTZ) Short Interest Update

by · The Cerbat Gem

Intrusion Inc. (NASDAQ:INTZ – Get Free Report) was the recipient of a significant growth in short interest in the month of May. As of May 15th, there was short interest totalling 1,600,000 shares, a growth of 25.0% from the April 30th total of 1,280,000 shares. Approximately 9.1% of the shares of the stock are sold short. Based on an average daily volume of 463,500 shares, the short-interest ratio is presently 3.5 days.

Institutional Investors Weigh In On Intrusion

A number of institutional investors and hedge funds have recently modified their holdings of INTZ. LPL Financial LLC acquired a new stake in shares of Intrusion during the 4th quarter valued at $31,000. Geode Capital Management LLC lifted its holdings in shares of Intrusion by 47.5% in 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. Finally, IHT Wealth Management LLC purchased a new stake in shares of Intrusion in the fourth quarter valued at $32,000. Institutional investors and hedge funds own 19.43% of the company’s stock.

Wall Street Analyst Weigh In

INTZ has been the subject of a number of research analyst reports. HC Wainwright upped their target price on Intrusion from $1.00 to $1.50 and gave the stock a “neutral” rating in a research report on Monday, May 5th. Ascendiant Capital Markets upped their target price on Intrusion from $10.00 to $11.00 and gave the stock a “buy” rating in a research report on Friday, May 30th.

View Our Latest Report on INTZ

Intrusion Stock Performance

Shares of NASDAQ:INTZ opened at $2.01 on Thursday. Intrusion has a one year low of $0.35 and a one year high of $7.34. The stock has a fifty day moving average of $1.31 and a 200-day moving average of $1.37. The company has a market capitalization of $39.99 million, a PE ratio of -1.05 and a beta of -1.43.

Intrusion (NASDAQ:INTZ – Get Free Report) last announced its quarterly earnings data on Tuesday, April 29th. The company reported ($0.11) EPS for the quarter, meeting analysts’ consensus estimates of ($0.11). The company had revenue of $1.78 million for the quarter, compared to analyst estimates of $1.65 million. As a group, research analysts forecast that Intrusion will post -1.63 EPS for the current fiscal year.

About Intrusion

(Get Free Report)

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.

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