Short Interest in Intellicheck Mobilisa, Inc. (NASDAQ:IDN) Drops By 25.5%

Intellicheck Mobilisa, Inc. (NASDAQ:IDN) was the target of a large drop in short interest in August. As of August 15th, there was short interest totaling 130,200 shares, a drop of 25.5% from the July 31st total of 174,700 shares. Approximately 0.7% of the shares of the stock are sold short. Based on an average daily trading volume, of 339,000 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily trading volume, of 339,000 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.7% of the shares of the stock are sold short.

Intellicheck Mobilisa Price Performance

NASDAQ:IDN opened at $5.61 on Wednesday. The company has a market cap of $112.42 million, a price-to-earnings ratio of -140.25 and a beta of 1.33. Intellicheck Mobilisa has a 1 year low of $1.92 and a 1 year high of $6.49. The company has a 50 day moving average of $5.21.

Intellicheck Mobilisa (NASDAQ:IDN) last posted its quarterly earnings data on Tuesday, August 12th. The company reported ($0.01) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.01). The business had revenue of $5.12 million during the quarter, compared to analyst estimates of $5.05 million. Intellicheck Mobilisa had a negative return on equity of 3.09% and a negative net margin of 4.44%.

Analyst Ratings Changes

Separately, Wall Street Zen upgraded Intellicheck Mobilisa from a “hold” rating to a “buy” rating in a report on Saturday, August 16th.

About Intellicheck Mobilisa

Intellicheck, Inc, a technology company, develops, integrates, and markets threat identification and identity authentication solutions for bank and retail fraud prevention, law enforcement threat identification, and mobile and handheld access control and security systems primarily in the United States.