Trend Micro Incorporated (OTCMKTS:TMICY) Sees Large Decrease in Short Interest

Trend Micro Incorporated (OTCMKTS:TMICY) was the target of a large decline in short interest during the month of September. As of September 30th, there was short interest totalling 500 shares, a decline of 94.2% from the September 15th total of 8,600 shares. Based on an average daily volume of 7,200 shares, the short-interest ratio is currently 0.1 days.

Trend Micro Stock Up 0.5 %

TMICY traded up $0.28 on Friday, hitting $56.59. 5,854 shares of the company traded hands, compared to its average volume of 2,827. The company has a 50 day moving average of $57.91 and a 200-day moving average of $50.81. Trend Micro has a 12-month low of $36.67 and a 12-month high of $63.55. The stock has a market capitalization of $7.97 billion, a PE ratio of 73.49 and a beta of 0.63.

Trend Micro (OTCMKTS:TMICY) last issued its earnings results on Thursday, August 8th. The technology company reported $0.33 EPS for the quarter. Trend Micro had a net margin of 6.26% and a return on equity of 12.34%. The company had revenue of $440.07 million during the quarter. On average, research analysts anticipate that Trend Micro will post 1.72 EPS for the current year.

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.