Short Interest in Trend Micro Incorporated (OTCMKTS:TMICY) Drops By 22.2%

Trend Micro Incorporated (OTCMKTS:TMICY) was the target of a large drop in short interest during the month of November. As of November 15th, there was short interest totalling 700 shares, a drop of 22.2% from the October 31st total of 900 shares. Based on an average daily volume of 5,100 shares, the short-interest ratio is currently 0.1 days.

Trend Micro Price Performance

Shares of OTCMKTS TMICY traded down $1.69 during mid-day trading on Friday, hitting $53.45. The company had a trading volume of 510 shares, compared to its average volume of 5,477. The stock has a market cap of $7.53 billion, a price-to-earnings ratio of 44.17 and a beta of 0.65. Trend Micro has a 12 month low of $38.85 and a 12 month high of $63.55. The firm’s 50 day simple moving average is $54.73 and its two-hundred day simple moving average is $51.40.

Trend Micro Company Profile

Trend Micro Incorporated develops and sells security-related software for computers and related services in Japan and internationally. The company offers platforms, such as vision one platform, attack surface management, extended detection and response (XDR), cloud security, endpoint security, network security, email security, OT/ICS security, and threat intelligence.