Intrusion Inc. (NASDAQ:INTZ) Short Interest Update

Intrusion Inc. (NASDAQ:INTZ) was the target of a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 807,427 shares, an increase of 221.1% from the June 30th total of 251,477 shares. Approximately 4.0% of the company’s stock are short sold. Based on an average daily trading volume, of 1,085,698 shares, the short-interest ratio is presently 0.7 days.

Wall Street Analysts Forecast Growth

INTZ has been the subject of several recent analyst reports. HC Wainwright decreased their price objective on shares of Intrusion from $2.00 to $1.00 and set a “neutral” rating for the company in a report on Monday, March 30th. Zacks Research lowered shares of Intrusion from a “hold” rating to a “strong sell” rating in a research note on Tuesday, June 30th. Weiss Ratings cut shares of Intrusion from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Friday, May 29th. Finally, Ascendiant Capital Markets decreased their price target on Intrusion from $10.50 to $9.50 and set a “buy” rating for the company in a research note on Monday, June 8th. One analyst has rated the stock with a Buy rating, one has given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Reduce” and a consensus price target of $5.25.

Hedge Funds Weigh In On Intrusion

Large investors have recently bought and sold shares of the business. Potomac Capital Management Inc. bought a new position in shares of Intrusion during the fourth quarter valued at approximately $544,000. Tritonpoint Wealth LLC lifted its holdings in shares of Intrusion by 352.0% in the 4th quarter. Tritonpoint Wealth LLC now owns 158,890 shares of the company’s stock worth $183,000 after purchasing an additional 123,740 shares during the last quarter. Jane Street Group LLC bought a new stake in shares of Intrusion in the 4th quarter worth approximately $51,000. XTX Topco Ltd acquired a new position in Intrusion during the 4th quarter valued at approximately $35,000. Finally, Virtu Financial LLC acquired a new position in Intrusion during the 4th quarter valued at approximately $31,000. Institutional investors own 19.43% of the company’s stock.

Intrusion Trading Up 3.1%

Intrusion stock traded up $0.02 during mid-day trading on Tuesday, reaching $0.77. The company’s stock had a trading volume of 234,856 shares, compared to its average volume of 959,666. The firm has a market cap of $17.59 million, a price-to-earnings ratio of -1.49 and a beta of -1.66. The business has a 50 day moving average price of $0.80 and a 200-day moving average price of $0.92. Intrusion has a twelve month low of $0.66 and a twelve month high of $2.31.

Intrusion (NASDAQ:INTZ) last issued its earnings results on Thursday, May 14th. The company reported ($0.18) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.09) by ($0.09). Intrusion had a negative return on equity of 129.84% and a negative net margin of 169.48%.The business had revenue of $0.89 million for the quarter, compared to analyst estimates of $2.02 million. On average, equities analysts expect that Intrusion will post -0.42 EPS for the current fiscal year.

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. The company also provides INTRUSION TraceCop, a big data tool that contains an inventory of network selectors and enrichments to support forensic investigations; and INTRUSION Savant, a network monitoring solution that uses the data available in TraceCop to identify suspicious traffic in real-time.