Intrusion Inc. (NASDAQ:INTZ) Short Interest Update

Intrusion Inc. (NASDAQ:INTZ) was the target of a large decline in short interest in the month of July. As of July 31st, there was short interest totaling 384,661 shares, a decline of 52.4% from the July 15th total of 807,427 shares. Based on an average trading volume of 219,538 shares, the days-to-cover ratio is presently 1.8 days. Currently, 1.9% of the shares of the company are sold short.

Institutional Investors Weigh In On Intrusion

Large investors have recently added to or reduced their stakes in the business. Millennium Management LLC purchased a new position in Intrusion during the third quarter worth about $34,000. XTX Topco Ltd purchased a new stake in shares of Intrusion in the 2nd quarter valued at about $55,000. Virtu Financial LLC purchased a new stake in shares of Intrusion in the 4th quarter valued at about $31,000. Jane Street Group LLC purchased a new stake in shares of Intrusion in the 4th quarter valued at about $51,000. Finally, State Street Corp boosted its position in shares of Intrusion by 11.6% during the 4th quarter. State Street Corp now owns 102,765 shares of the company’s stock valued at $118,000 after acquiring an additional 10,700 shares during the last quarter. Institutional investors own 19.43% of the company’s stock.

Intrusion Price Performance

Intrusion stock traded up $0.00 during midday trading on Friday, reaching $0.67. 145,749 shares of the stock were exchanged, compared to its average volume of 232,600. The company’s fifty day moving average is $0.79 and its 200-day moving average is $0.87. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.69 and a current ratio of 0.39. Intrusion has a 52 week low of $0.65 and a 52 week high of $2.27.

Intrusion (NASDAQ:INTZ) last posted its earnings results on Tuesday, August 11th. The company reported ($0.13) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.10) by ($0.03). The firm had revenue of $1.45 million during the quarter, compared to analysts’ expectations of $1.50 million. Intrusion had a negative return on equity of 178.06% and a negative net margin of 191.24%. As a group, equities analysts forecast that Intrusion will post -0.42 EPS for the current year.

Analysts Set New Price Targets

INTZ has been the subject of a number of analyst reports. Ascendiant Capital Markets cut their price target on Intrusion from $10.50 to $9.50 and set a “buy” rating for the company in a report on Monday, June 8th. Weiss Ratings lowered Intrusion from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Friday, May 29th. Finally, Zacks Research upgraded Intrusion from a “strong sell” rating to a “hold” rating in a research note on Wednesday, August 5th. One investment analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Intrusion presently has an average rating of “Hold” and an average target price of $5.25.

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. 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.