Intrusion Inc. (NASDAQ:INTZ) Sees Significant Growth in Short Interest

Intrusion Inc. (NASDAQ:INTZ) was the recipient of a significant growth in short interest during the month of September. As of September 30th, there was short interest totalling 204,000 shares, a growth of 188.1% from the September 15th total of 70,800 shares. Based on an average daily volume of 108,400 shares, the short-interest ratio is currently 1.9 days. Currently, 3.4% of the shares of the company are sold short.

Intrusion Trading Down 3.4 %

INTZ stock traded down $0.03 during midday trading on Friday, reaching $0.81. 165,466 shares of the company’s stock traded hands, compared to its average volume of 123,498. Intrusion has a 52-week low of $0.68 and a 52-week high of $12.40. The stock has a market cap of $5.39 million, a P/E ratio of -0.19 and a beta of 0.52. The stock’s 50-day moving average is $1.06 and its 200 day moving average is $1.46.

Intrusion (NASDAQ:INTZ) last posted its quarterly earnings data on Tuesday, August 13th. The company reported ($0.53) EPS for the quarter, topping the consensus estimate of ($0.72) by $0.19. The company had revenue of $1.46 million during the quarter, compared to analysts’ expectations of $1.25 million. During the same quarter last year, the company earned ($3.00) earnings per share. As a group, research analysts expect that Intrusion will post -1.87 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, HC Wainwright decreased their target price on shares of Intrusion from $1.50 to $1.00 and set a “neutral” rating for the company in a research note on Thursday.

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.