Intrusion Inc. (NASDAQ:INTZ) Short Interest Update

Intrusion Inc. (NASDAQ:INTZ) saw a significant drop in short interest during the month of February. As of February 27th, there was short interest totaling 357,215 shares, a drop of 30.6% from the February 12th total of 514,943 shares. Currently, 2.0% of the shares of the company are sold short. Based on an average trading volume of 138,890 shares, the days-to-cover ratio is currently 2.6 days. Based on an average trading volume of 138,890 shares, the days-to-cover ratio is currently 2.6 days. Currently, 2.0% of the shares of the company are sold short.

Intrusion Stock Performance

INTZ stock traded down $0.01 during midday trading on Friday, reaching $1.06. 121,939 shares of the company’s stock traded hands, compared to its average volume of 129,394. The firm has a market capitalization of $21.31 million, a PE ratio of -1.58 and a beta of -2.02. The company has a 50-day moving average price of $1.10 and a two-hundred day moving average price of $1.43. Intrusion has a 52 week low of $0.75 and a 52 week high of $2.64. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.11 and a current ratio of 3.11.

Analyst Upgrades and Downgrades

Several research firms have weighed in on INTZ. Weiss Ratings reissued a “sell (e+)” rating on shares of Intrusion in a research report on Monday, December 29th. Ascendiant Capital Markets raised their target price on Intrusion from $12.00 to $12.50 and gave the company a “buy” rating in a research report on Monday, December 8th. Finally, Wall Street Zen upgraded Intrusion from a “sell” rating to a “hold” rating in a research note on Saturday, January 10th. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $7.25.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Virtu Financial LLC purchased a new stake in shares of Intrusion in the fourth quarter worth about $31,000. Millennium Management LLC bought a new stake in Intrusion during the 3rd quarter worth approximately $34,000. XTX Topco Ltd purchased a new stake in Intrusion in the 4th quarter worth approximately $35,000. Jane Street Group LLC purchased a new stake in Intrusion in the 4th quarter worth approximately $51,000. Finally, GSA Capital Partners LLP bought a new position in Intrusion in the 3rd quarter valued at $91,000. Institutional investors own 19.43% of the company’s stock.

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. 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.