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

Trend Micro Incorporated (OTCMKTS:TMICY) saw a large increase in short interest during 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 daily volume of 5,100 shares, the short-interest ratio is presently 0.5 days.

Trend Micro Stock Up 1.7 %

Shares of TMICY traded up $0.89 during midday trading on Friday, reaching $52.89. 3,557 shares of the stock were exchanged, compared to its average volume of 5,692. The company has a market cap of $7.45 billion, a price-to-earnings ratio of 68.69 and a beta of 0.63. The firm has a 50 day simple moving average of $58.40 and a 200-day simple moving average of $51.02. Trend Micro has a 12-month low of $36.67 and a 12-month high of $63.55.

Trend Micro (OTCMKTS:TMICY) last announced its quarterly earnings results on Thursday, August 8th. The technology company reported $0.33 earnings per share for the quarter. The company 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%. Research analysts expect that Trend Micro will post 1.72 earnings per share for the current fiscal 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.