Intrusion Inc. (NASDAQ:INTZ) Short Interest Up 33.6% in March

Intrusion Inc. (NASDAQ:INTZ) saw a large increase in short interest during the month of March. As of March 31st, there was short interest totalling 29,400 shares, an increase of 33.6% from the March 15th total of 22,000 shares. Currently, 2.1% of the company’s shares are short sold. Based on an average daily volume of 34,600 shares, the days-to-cover ratio is currently 0.8 days.

Intrusion Price Performance

Shares of NASDAQ INTZ opened at $2.91 on Friday. Intrusion has a 12-month low of $2.58 and a 12-month high of $39.60. The company’s fifty day simple moving average is $3.80 and its 200 day simple moving average is $5.31.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. boosted its stake in Intrusion by 11.4% during the fourth quarter. Vanguard Group Inc. now owns 644,950 shares of the company’s stock worth $163,000 after acquiring an additional 66,000 shares in the last quarter. Morgan Stanley boosted its stake in Intrusion by 2,344.1% during the fourth quarter. Morgan Stanley now owns 76,012 shares of the company’s stock worth $240,000 after acquiring an additional 72,902 shares in the last quarter. Raymond James Financial Services Advisors Inc. acquired a new position in Intrusion during the fourth quarter worth $42,000. BlackRock Inc. raised its holdings in Intrusion by 67.0% during the third quarter. BlackRock Inc. now owns 464,643 shares of the company’s stock worth $2,240,000 after buying an additional 186,350 shares during the last quarter. Finally, Tower Research Capital LLC TRC raised its holdings in Intrusion by 192.3% during the third quarter. Tower Research Capital LLC TRC now owns 5,539 shares of the company’s stock worth $27,000 after buying an additional 3,644 shares during the last quarter. 19.43% of the stock is owned by institutional investors.

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 cybersecurity solution based on security-as-a-service solution to identify and stop Zero-Day and ransomware attacks.