Intrusion Inc. (NASDAQ:INTZ) Sees Large Increase in Short Interest

Intrusion Inc. (NASDAQ:INTZ) was the target of a significant growth in short interest in December. As of December 15th, there was short interest totalling 248,800 shares, a growth of 26.6% from the November 30th total of 196,600 shares. Based on an average daily volume of 199,400 shares, the short-interest ratio is presently 1.2 days. Approximately 3.1% of the company’s stock are short sold.

Intrusion Stock Performance

NASDAQ INTZ opened at $5.68 on Tuesday. Intrusion has a one year low of $0.35 and a one year high of $7.34. The company has a 50-day simple moving average of $0.64 and a 200-day simple moving average of $0.94. The firm has a market capitalization of $49.50 million, a PE ratio of -2.97 and a beta of 0.43.

Intrusion (NASDAQ:INTZ) last issued its earnings results on Tuesday, November 12th. The company reported ($0.35) EPS for the quarter, beating analysts’ consensus estimates of ($0.42) by $0.07. The company had revenue of $1.50 million during the quarter, compared to analyst estimates of $1.58 million. During the same quarter in the previous year, the firm earned ($2.80) earnings per share. Equities analysts forecast that Intrusion will post -1.64 earnings per share for the current year.

Wall Street Analyst Weigh In

Several analysts recently weighed in on INTZ shares. HC Wainwright restated a “neutral” rating and set a $1.00 price objective on shares of Intrusion in a research note on Wednesday, November 13th. Ascendiant Capital Markets lowered their price target on Intrusion from $14.00 to $11.00 and set a “buy” rating for the company in a report on Wednesday, December 4th.

Intrusion Company Profile

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.