Intrusion Inc. (NASDAQ:INTZ) Short Interest Update

Intrusion Inc. (NASDAQ:INTZ) saw a significant decrease in short interest during the month of July. As of July 31st, there was short interest totaling 384,661 shares, a decrease of 52.4% from the July 15th total of 807,427 shares. Approximately 1.9% of the shares of the stock are short sold. Based on an average daily volume of 219,538 shares, the short-interest ratio is presently 1.8 days.

Hedge Funds Weigh In On Intrusion

A number of large investors have recently added to or reduced their stakes in INTZ. XTX Topco Ltd bought a new stake in Intrusion in the fourth quarter worth $35,000. Geode Capital Management LLC grew its stake in shares of Intrusion by 18.8% during the second quarter. Geode Capital Management LLC now owns 163,584 shares of the company’s stock valued at $375,000 after buying an additional 25,894 shares during the last quarter. State Street Corp grew its stake in shares of Intrusion by 11.6% during the fourth quarter. State Street Corp now owns 102,765 shares of the company’s stock valued at $118,000 after buying an additional 10,700 shares during the last quarter. Jane Street Group LLC bought a new position in shares of Intrusion during the fourth quarter valued at about $51,000. Finally, Millennium Management LLC purchased a new position in shares of Intrusion in the third quarter worth about $34,000. Hedge funds and other institutional investors own 19.43% of the company’s stock.

Intrusion Price Performance

INTZ traded up $0.00 during midday trading on Friday, hitting $0.67. The stock had a trading volume of 145,749 shares, compared to its average volume of 232,600. Intrusion has a 1 year low of $0.65 and a 1 year high of $2.27. The company has a quick ratio of 0.69, a current ratio of 0.39 and a debt-to-equity ratio of 0.25. The business has a fifty day moving average of $0.79 and a 200 day moving average of $0.87.

Intrusion (NASDAQ:INTZ) last posted its quarterly earnings results on Tuesday, August 11th. The company reported ($0.13) EPS for the quarter, missing the consensus estimate of ($0.10) by ($0.03). The business 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%. Equities research analysts forecast that Intrusion will post -0.42 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. Zacks Research upgraded shares of Intrusion from a “strong sell” rating to a “hold” rating in a research report on Wednesday, August 5th. Ascendiant Capital Markets lowered their price objective on shares of Intrusion from $10.50 to $9.50 and set a “buy” rating on the stock in a research report on Monday, June 8th. Finally, Weiss Ratings downgraded shares of Intrusion from a “sell (d-)” rating to a “sell (e+)” rating in a report on Friday, May 29th. One investment analyst has rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus 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.