Intrusion Inc. (NASDAQ:INTZ) Short Interest Up 33.0% in November

Intrusion Inc. (NASDAQ:INTZ) was the recipient of a significant increase in short interest during the month of November. As of November 30th, there was short interest totalling 196,600 shares, an increase of 33.0% from the November 15th total of 147,800 shares. Approximately 2.7% of the company’s stock are sold short. Based on an average trading volume of 183,000 shares, the short-interest ratio is currently 1.1 days.

Intrusion Trading Down 4.6 %

INTZ stock traded down $0.02 during midday trading on Friday, hitting $0.47. The company’s stock had a trading volume of 110,643 shares, compared to its average volume of 138,201. The firm’s 50-day moving average is $0.68 and its 200-day moving average is $1.00. Intrusion has a 12 month low of $0.45 and a 12 month high of $5.40. The company has a market cap of $3.77 million, a PE ratio of -0.24 and a beta of 0.43.

Intrusion (NASDAQ:INTZ) last announced its quarterly earnings results on Tuesday, November 12th. The company reported ($0.35) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.42) by $0.07. The business had revenue of $1.50 million for the quarter, compared to the consensus estimate of $1.58 million. During the same period in the previous year, the company earned ($2.80) earnings per share. Analysts expect that Intrusion will post -1.64 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on INTZ. Ascendiant Capital Markets lowered their price target on Intrusion from $14.00 to $11.00 and set a “buy” rating for the company in a research report on Wednesday, December 4th. HC Wainwright reaffirmed a “neutral” rating and issued a $1.00 target price on shares of Intrusion in a report on Wednesday, November 13th.

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.