Short Interest in Trend Micro Incorporated (OTCMKTS:TMICY) Declines By 62.9%

Trend Micro Incorporated (OTCMKTS:TMICY) was the target of a significant drop in short interest in January. As of January 15th, there was short interest totalling 1,300 shares, a drop of 62.9% from the December 31st total of 3,500 shares. Based on an average daily trading volume, of 7,400 shares, the days-to-cover ratio is currently 0.2 days.

Trend Micro Trading Down 0.4 %

Shares of OTCMKTS:TMICY traded down $0.25 during midday trading on Thursday, hitting $59.68. 1,268 shares of the stock were exchanged, compared to its average volume of 3,270. The stock has a market cap of $8.41 billion, a P/E ratio of 49.32 and a beta of 0.64. The company has a 50 day moving average price of $54.77 and a 200-day moving average price of $54.68. Trend Micro has a twelve month low of $38.85 and a twelve month high of $63.55.

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.