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

Intelligent Protection Management Corp. (NASDAQ:IPM) was the target of a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 120,160 shares, an increase of 1,366.3% from the December 31st total of 8,195 shares. Based on an average daily volume of 306,463 shares, the short-interest ratio is presently 0.4 days. Currently, 1.6% of the company’s stock are short sold. Currently, 1.6% of the company’s stock are short sold. Based on an average daily volume of 306,463 shares, the short-interest ratio is presently 0.4 days.

Wall Street Analyst Weigh In

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

Intelligent Protection Management Price Performance

IPM stock opened at $1.78 on Wednesday. Intelligent Protection Management has a 1 year low of $1.52 and a 1 year high of $2.88. The company has a market cap of $16.18 million, a P/E ratio of -17.80 and a beta of 0.34. The stock’s fifty day moving average price is $1.80 and its 200-day moving average price is $1.92.

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

Institutional Trading of Intelligent Protection Management

An institutional investor recently bought a new position in Intelligent Protection Management stock. Virtu Financial LLC purchased a new position in shares of Intelligent Protection Management Corp. (NASDAQ:IPM) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm 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. 3.88% of the stock is owned by institutional investors and hedge funds.

Intelligent Protection Management Company Profile

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.