Intrusion Inc. (NASDAQ:INTZ) Short Interest Update

Intrusion Inc. (NASDAQ:INTZ) saw a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 3,240,000 shares, an increase of 1,202.3% from the December 31st total of 248,800 shares. Based on an average trading volume of 6,910,000 shares, the days-to-cover ratio is presently 0.5 days. Approximately 24.9% of the company’s shares are sold short.

Intrusion Stock Down 4.3 %

Intrusion stock opened at $1.79 on Thursday. Intrusion has a twelve month low of $0.35 and a twelve month high of $7.34. The business has a fifty day moving average of $1.52 and a two-hundred day moving average of $1.17. The firm has a market cap of $30.23 million, a P/E ratio of -0.94 and a beta of -0.60.

Intrusion (NASDAQ:INTZ) last issued its quarterly earnings data on Tuesday, November 12th. The company reported ($0.35) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.42) by $0.07. The company had revenue of $1.50 million for the quarter, compared to the consensus estimate of $1.58 million. During the same period in the previous year, the business earned ($2.80) EPS. Equities analysts expect that Intrusion will post -1.63 earnings per share for the current year.

Wall Street Analysts Forecast Growth

INTZ has been the topic of a number of recent analyst reports. Ascendiant Capital Markets decreased their price target on shares of Intrusion from $14.00 to $11.00 and set a “buy” rating for the company in a research note on Wednesday, December 4th. HC Wainwright reiterated a “neutral” rating and issued a $1.00 target price on shares of Intrusion in a report on Wednesday, November 13th.

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.