Intrusion Inc. (NASDAQ:INTZ) Short Interest Update

Intrusion Inc. (NASDAQ:INTZ) was the recipient of a large growth in short interest in August. As of August 31st, there was short interest totaling 753,103 shares, a growth of 62.2% from the August 15th total of 464,432 shares. Approximately 3.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 371,382 shares, the days-to-cover ratio is presently 2.0 days.

Analysts Set New Price Targets

A number of equities analysts have commented on INTZ shares. Weiss Ratings reissued a “sell (e+)” rating on shares of Intrusion in a report on Wednesday, August 26th. Ascendiant Capital Markets dropped their price target on Intrusion from $10.50 to $9.50 and set a “buy” rating for the company in a research report on Monday, June 8th. Finally, Zacks Research upgraded Intrusion from a “strong sell” rating to a “hold” rating in a report on Wednesday, August 5th. One research analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $5.25.

Hedge Funds Weigh In On Intrusion

A hedge fund recently bought a new position in Intrusion stock. Potomac Capital Management Inc. bought a new stake in Intrusion Inc. (NASDAQ:INTZ) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 473,050 shares of the company’s stock, valued at approximately $544,000. Potomac Capital Management Inc. owned 2.35% of Intrusion as of its most recent SEC filing. 19.43% of the stock is owned by institutional investors.

Intrusion Price Performance

Shares of Intrusion stock traded down $0.01 on Thursday, hitting $0.76. 65,203 shares of the company were exchanged, compared to its average volume of 812,244. The company has a quick ratio of 0.39, a current ratio of 0.39 and a debt-to-equity ratio of 0.25. The company has a 50-day moving average price of $0.79 and a 200 day moving average price of $0.83. The stock has a market capitalization of $18.65 million, a price-to-earnings ratio of -1.38 and a beta of -1.55. Intrusion has a 1-year low of $0.59 and a 1-year high of $2.27.

Intrusion (NASDAQ:INTZ) last announced its quarterly earnings data on Tuesday, August 11th. The company reported ($0.13) EPS for the quarter, missing analysts’ consensus estimates of ($0.10) by ($0.03). The company had revenue of $1.45 million for 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, sell-side analysts predict that Intrusion will post -0.36 earnings per share for the current fiscal year.

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.