Intelligent Protection Management Corp. (NASDAQ:IPM) Short Interest Update

Intelligent Protection Management Corp. (NASDAQ:IPM) was the recipient of a significant decline in short interest in January. As of January 30th, there was short interest totaling 34,334 shares, a decline of 71.4% from the January 15th total of 120,160 shares. Based on an average daily trading volume, of 38,177 shares, the short-interest ratio is presently 0.9 days. Approximately 0.5% of the shares of the company are short sold. Approximately 0.5% of the shares of the company are short sold. Based on an average daily trading volume, of 38,177 shares, the short-interest ratio is presently 0.9 days.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Intelligent Protection Management in a report on Monday, December 22nd. One analyst has rated the stock with a Sell rating, According to MarketBeat, the company has a consensus rating of “Sell”.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Intelligent Protection Management stock. Virtu Financial LLC purchased a new position in shares of Intelligent Protection Management Corp. (NASDAQ:IPM) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 21,604 shares of the company’s stock, valued at approximately $43,000. Virtu Financial LLC owned about 0.23% of Intelligent Protection Management at the end of the most recent reporting period. Institutional investors and hedge funds own 3.88% of the company’s stock.

Intelligent Protection Management Stock Performance

Shares of NASDAQ:IPM traded down $0.01 on Friday, hitting $1.69. The stock had a trading volume of 9,510 shares, compared to its average volume of 122,734. The firm’s 50 day moving average price is $1.78 and its 200-day moving average price is $1.90. Intelligent Protection Management has a twelve month low of $1.52 and a twelve month high of $2.88. The company has a market capitalization of $15.32 million, a price-to-earnings ratio of -16.85 and a beta of 0.37.

Intelligent Protection Management (NASDAQ:IPM) last announced its earnings results on Wednesday, November 12th. The company reported ($0.08) earnings per share (EPS) for the quarter. The firm had revenue of $6.24 million for the quarter. Intelligent Protection Management had a negative return on equity of 15.29% and a negative net margin of 38.38%.

About Intelligent Protection Management

Intelligent Protection Management Corp. engages in the development of communications software to enhance security and privacy solutions for multimedia communication and data transmission. Its solutions include blockchain strategy consulting, blockchain implementation, white label video solutions, and technology licensing. The firm’s product portfolio includes Paltalk and Camfrog. The company was founded by Clifford Lerner and Darrell Lerner on July 19, 2005 and is headquartered in Jericho, NY.