Intellicheck Inc (NYSEAMERICAN:IDN) was the recipient of a significant increase in short interest in the month of January. As of January 31st, there was short interest totalling 100,000 shares, an increase of 20.8% from the January 15th total of 82,800 shares. Based on an average daily volume of 70,300 shares, the short-interest ratio is presently 1.4 days. Currently, 0.7% of the company’s stock are short sold.

Large investors have recently added to or reduced their stakes in the stock. Sigma Planning Corp purchased a new position in Intellicheck in the fourth quarter valued at $115,000. Alambic Investment Management L.P. boosted its holdings in Intellicheck by 34.0% in the fourth quarter. Alambic Investment Management L.P. now owns 30,356 shares of the industrial products company’s stock valued at $227,000 after purchasing an additional 7,700 shares during the period. BlackRock Inc. boosted its holdings in Intellicheck by 784.1% in the second quarter. BlackRock Inc. now owns 50,285 shares of the industrial products company’s stock valued at $291,000 after purchasing an additional 44,597 shares during the period. Russell Investments Group Ltd. purchased a new position in Intellicheck in the fourth quarter valued at $330,000. Finally, Calamos Advisors LLC purchased a new stake in Intellicheck during the 4th quarter worth about $767,000.

NYSEAMERICAN:IDN opened at $9.48 on Friday. The company has a fifty day moving average of $8.24. Intellicheck has a 12-month low of $2.45 and a 12-month high of $10.25.

A number of research firms recently issued reports on IDN. Seaport Global Securities began coverage on Intellicheck in a report on Friday, October 18th. They issued a “buy” rating and a $8.00 target price for the company. Zacks Investment Research upgraded Intellicheck from a “hold” rating to a “buy” rating and set a $9.75 target price for the company in a report on Saturday, January 11th. Finally, B. Riley reiterated a “buy” rating on shares of Intellicheck in a report on Friday, October 18th.

About Intellicheck

Intellicheck, Inc, a technology company, develops, integrates, and markets threat identification and identity authentication solutions for retail fraud prevention, law enforcement threat identification, and mobile and handheld access control and security systems primarily in the United States. It provides identity systems products, including commercial identification products, such as ID Check SDK for software developers; Retail ID, an authentication solution that authenticates identification documents; Retail ID Online, authenticates an online user's identification documents; Retail ID Mobile that provides the fraud reduction benefits of Retail ID; Age ID, a designation for various hand held devices; Guest ID, a software application that speeds up check-in and ID verification at hotels and motels; ID Check POS, a software application that runs on various VeriFone devices; ID Check BHO, a browser helper object for Microsoft browser; ID Check PC, a standalone software solution; State Aware software; software products for data collection devices; and instant credit application kiosk software applications.

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