Short Interest in Intrusion Inc. (NASDAQ:INTZ) Rises By 33.0%

Intrusion Inc. (NASDAQ:INTZ) was the recipient of a significant increase in short interest in the month of November. As of November 30th, there was short interest totalling 196,600 shares, an increase of 33.0% from the November 15th total of 147,800 shares. Currently, 2.7% of the company’s shares are sold short. Based on an average daily volume of 183,000 shares, the days-to-cover ratio is presently 1.1 days.

Intrusion Trading Down 4.6 %

NASDAQ INTZ traded down $0.02 on Friday, hitting $0.47. The company’s stock had a trading volume of 110,643 shares, compared to its average volume of 138,201. The firm has a market cap of $3.77 million, a P/E ratio of -0.24 and a beta of 0.43. Intrusion has a 52-week low of $0.45 and a 52-week high of $5.40. The company’s 50-day simple moving average is $0.68 and its 200 day simple moving average is $1.00.

Intrusion (NASDAQ:INTZ) last announced its quarterly earnings results on Tuesday, November 12th. The company reported ($0.35) EPS for the quarter, topping analysts’ consensus estimates of ($0.42) by $0.07. The business had revenue of $1.50 million during the quarter, compared to analysts’ expectations of $1.58 million. During the same period in the previous year, the business earned ($2.80) EPS. On average, research analysts forecast that Intrusion will post -1.64 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research analysts recently commented on the stock. HC Wainwright reaffirmed a “neutral” rating and issued a $1.00 target price on shares of Intrusion in a research note on Wednesday, November 13th. Ascendiant Capital Markets cut their price target on shares of Intrusion from $14.00 to $11.00 and set a “buy” rating on the stock in a report on Wednesday, December 4th.

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.