Trend Micro Inc. (OTCMKTS:TMICY) Short Interest Update

Trend Micro Inc. (OTCMKTS:TMICY) saw a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 4,200 shares, an increase of 50.0% from the September 30th total of 2,800 shares. Based on an average daily volume of 10,100 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.0% of the shares of the company are sold short. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 10,100 shares, the days-to-cover ratio is presently 0.4 days.

Trend Micro Stock Performance

OTCMKTS TMICY opened at $50.97 on Friday. Trend Micro has a twelve month low of $49.57 and a twelve month high of $79.99. The stock has a market cap of $7.18 billion, a PE ratio of 32.47 and a beta of 0.70. The firm has a 50-day simple moving average of $53.30 and a 200 day simple moving average of $62.61.

Trend Micro (OTCMKTS:TMICY) last issued its quarterly earnings results on Thursday, August 7th. The technology company reported $0.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.52 by ($0.23). The firm had revenue of $450.18 million for the quarter, compared to the consensus estimate of $482.56 million. Trend Micro had a net margin of 11.29% and a return on equity of 27.73%. Research analysts forecast that Trend Micro will post 1.94 earnings per share for the current fiscal year.

About Trend Micro

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.