Short Interest in Secom Co. (OTCMKTS:SOMLY) Increases By 215.4%

Secom Co. (OTCMKTS:SOMLY) saw a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 245,839 shares, an increase of 215.4% from the November 30th total of 77,954 shares. Based on an average trading volume of 348,561 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.0% of the company’s stock are sold short. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 348,561 shares, the days-to-cover ratio is presently 0.7 days.

Secom Trading Down 0.1%

OTCMKTS SOMLY opened at $8.94 on Friday. The company’s 50-day simple moving average is $8.64 and its two-hundred day simple moving average is $9.01. The company has a market capitalization of $16.69 billion, a price-to-earnings ratio of 21.29 and a beta of 0.29. The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.43 and a current ratio of 2.59. Secom has a one year low of $7.83 and a one year high of $10.31.

Secom (OTCMKTS:SOMLY) last issued its earnings results on Tuesday, November 11th. The company reported $0.10 earnings per share (EPS) for the quarter. The business had revenue of $2.07 billion during the quarter. Secom had a return on equity of 7.49% and a net margin of 8.65%.

About Secom

Secom Co, Ltd. is a leading provider of security and safety solutions based in Tokyo, Japan. The company’s core business centers on integrated security services, including electronic alarm systems, 24-hour monitoring, on-site guard services and emergency response. Secom also develops and installs access control systems, video surveillance equipment and intruder detection technologies designed for residential, commercial and government clients.

Founded in 1962, Secom introduced Japan’s first automated security alarm service and has since expanded its offerings to encompass a broad range of safety-related products.