Short Interest in Trend Micro Incorporated (OTCMKTS:TMICY) Increases By 360.0%

by · The Markets Daily

Trend Micro Incorporated (OTCMKTS:TMICY – Get Free Report) was the recipient of a large increase in short interest in the month of October. As of October 15th, there was short interest totalling 2,300 shares, an increase of 360.0% from the September 30th total of 500 shares. Based on an average trading volume of 5,100 shares, the days-to-cover ratio is currently 0.5 days.

Trend Micro Trading Up 1.7 %

Shares of OTCMKTS:TMICY traded up $0.89 during trading on Friday, reaching $52.89. 3,557 shares of the stock were exchanged, compared to its average volume of 5,692. Trend Micro has a 12 month low of $36.67 and a 12 month high of $63.55. The stock has a 50-day moving average price of $58.40 and a 200-day moving average price of $51.02. The firm has a market cap of $7.45 billion, a PE ratio of 64.50 and a beta of 0.63.

Trend Micro (OTCMKTS:TMICY – Get Free Report) last released its quarterly earnings results on Thursday, August 8th. The technology company reported $0.33 earnings per share (EPS) for the quarter. The business had revenue of $440.07 million during the quarter. Trend Micro had a return on equity of 12.34% and a net margin of 6.26%. On average, sell-side analysts expect that Trend Micro will post 1.72 earnings per share for the current fiscal year.

Trend Micro Company Profile

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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.

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