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

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

Institutional Investors Weigh In On Intelligent Protection Management

An institutional investor recently bought a new position in Intelligent Protection Management stock. Virtu Financial LLC acquired a new position in Intelligent Protection Management Corp. (NASDAQ:IPM) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 21,604 shares of the company’s stock, valued at approximately $43,000. Virtu Financial LLC owned 0.23% of Intelligent Protection Management as of its most recent SEC filing. Hedge funds and other institutional investors own 3.88% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Intelligent Protection Management in a research note on Monday, December 22nd. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has an average rating of “Sell”.

Intelligent Protection Management Trading Down 0.6%

Shares of NASDAQ:IPM opened at $1.72 on Wednesday. The firm has a market cap of $15.63 million, a PE ratio of -17.20 and a beta of 0.37. The company has a fifty day simple moving average of $1.78 and a 200 day simple moving average of $1.90. Intelligent Protection Management has a 12-month low of $1.52 and a 12-month high of $2.88.

Intelligent Protection Management (NASDAQ:IPM) last announced its quarterly earnings data on Wednesday, November 12th. The company reported ($0.08) earnings per share for the quarter. The company 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.