Secom Co., Ltd. (OTCMKTS:SOMLY) Sees Significant Decline in Short Interest

Secom Co., Ltd. (OTCMKTS:SOMLY) was the recipient of a significant decrease in short interest during the month of November. As of November 15th, there was short interest totalling 35,400 shares, a decrease of 42.6% from the October 31st total of 61,700 shares. Based on an average daily volume of 139,400 shares, the short-interest ratio is presently 0.3 days.

Secom Stock Performance

OTCMKTS:SOMLY traded up $0.19 during mid-day trading on Friday, hitting $8.71. The stock had a trading volume of 24,637 shares, compared to its average volume of 104,993. The company’s 50 day simple moving average is $10.12 and its 200 day simple moving average is $14.10. The stock has a market cap of $16.26 billion, a price-to-earnings ratio of 21.78 and a beta of 0.41. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.47 and a current ratio of 2.63. Secom has a twelve month low of $7.06 and a twelve month high of $10.75.

About Secom

SECOM CO., LTD., together with its subsidiaries, provides security services in Japan and internationally. The company operates through Security Services, Fire Protection Services, Medical Services, Insurance Services, Geospatial Information Services, BPO and ICT Services, and Other Services. The Security Services segment offers static guard, armored car, merchandise, and other services, as well as online security systems.