Short Interest in Intellicheck Mobilisa, Inc. (NASDAQ:IDN) Grows By 32.3%

Intellicheck Mobilisa, Inc. (NASDAQ:IDN) was the recipient of a significant growth in short interest in April. As of April 15th, there was short interest totaling 397,974 shares, a growth of 32.3% from the March 31st total of 300,859 shares. Approximately 2.1% of the company’s shares are sold short. Based on an average daily volume of 508,259 shares, the days-to-cover ratio is currently 0.8 days.

Insider Buying and Selling at Intellicheck Mobilisa

In other news, CEO Bryan Lewis sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, April 27th. The stock was sold at an average price of $8.05, for a total value of $80,500.00. Following the completion of the transaction, the chief executive officer owned 40,000 shares of the company’s stock, valued at $322,000. This represents a 20.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 40,000 shares of company stock worth $320,400 in the last quarter. Insiders own 7.76% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in IDN. Occudo Quantitative Strategies LP lifted its position in shares of Intellicheck Mobilisa by 17.5% in the 3rd quarter. Occudo Quantitative Strategies LP now owns 14,118 shares of the company’s stock worth $73,000 after purchasing an additional 2,098 shares during the period. CIBC Private Wealth Group LLC increased its position in shares of Intellicheck Mobilisa by 3.3% during the third quarter. CIBC Private Wealth Group LLC now owns 74,189 shares of the company’s stock worth $386,000 after buying an additional 2,381 shares during the period. Dimensional Fund Advisors LP increased its position in shares of Intellicheck Mobilisa by 14.4% during the fourth quarter. Dimensional Fund Advisors LP now owns 30,206 shares of the company’s stock worth $202,000 after buying an additional 3,794 shares during the period. Captrust Financial Advisors raised its stake in Intellicheck Mobilisa by 1.6% during the second quarter. Captrust Financial Advisors now owns 245,556 shares of the company’s stock worth $1,324,000 after buying an additional 3,971 shares during the last quarter. Finally, XTX Topco Ltd raised its stake in Intellicheck Mobilisa by 23.3% during the second quarter. XTX Topco Ltd now owns 25,727 shares of the company’s stock worth $139,000 after buying an additional 4,868 shares during the last quarter. Institutional investors own 42.79% of the company’s stock.

Intellicheck Mobilisa Trading Up 2.6%

Shares of IDN stock opened at $8.14 on Wednesday. Intellicheck Mobilisa has a 1-year low of $2.47 and a 1-year high of $9.08. The stock has a market cap of $164.75 million, a price-to-earnings ratio of 135.69 and a beta of 1.00. The stock has a 50-day moving average of $6.32 and a 200-day moving average of $5.95.

Analyst Ratings Changes

A number of research firms have weighed in on IDN. Wall Street Zen raised shares of Intellicheck Mobilisa from a “hold” rating to a “buy” rating in a report on Saturday, March 21st. Zacks Research raised shares of Intellicheck Mobilisa from a “hold” rating to a “strong-buy” rating in a research note on Friday, April 10th. Finally, DA Davidson reiterated a “neutral” rating and set a $7.50 price target on shares of Intellicheck Mobilisa in a report on Friday, March 20th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $7.25.

About Intellicheck Mobilisa

Intellicheck Mobilisa, Inc is a provider of mobile identity verification and authentication solutions designed to help organizations verify credentials and combat fraud. The company’s technology leverages optical character recognition, machine learning, and biometric facial recognition to validate government?issued IDs, passports, and other identity documents in real time. These solutions are deployed via on?premises hardware or cloud?based platforms, enabling clients to integrate identity checks directly into digital workflows and point?of?sale systems.

The firm’s flagship offerings include mobile credential scanning applications and software development kits (SDKs) that support Know Your Customer (KYC), Anti–Money Laundering (AML), age verification, and regulatory compliance across multiple industries.