Trend Micro Incorporated (OTCMKTS:TMICY) Short Interest Update

Trend Micro Incorporated (OTCMKTS:TMICY) saw a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 3,200 shares, an increase of 3,100.0% from the March 31st total of 100 shares. Based on an average daily volume of 6,800 shares, the days-to-cover ratio is presently 0.5 days.

Trend Micro Stock Performance

TMICY traded down $1.57 during trading on Thursday, reaching $49.83. The company’s stock had a trading volume of 43,138 shares, compared to its average volume of 4,154. Trend Micro has a 52-week low of $36.63 and a 52-week high of $58.80. The company’s fifty day moving average price is $50.61 and its 200-day moving average price is $50.27. The company has a market capitalization of $7.02 billion, a price-to-earnings ratio of 87.12 and a beta of 0.68.

Trend Micro (OTCMKTS:TMICY) last announced its quarterly earnings data on Thursday, February 15th. The technology company reported $0.10 earnings per share for the quarter. Trend Micro had a return on equity of 7.10% and a net margin of 4.55%. The company had revenue of $439.95 million for the quarter, compared to analyst estimates of $471.86 million. Equities analysts predict that Trend Micro will post 1.72 earnings per share 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.