SecureAlert Inc. (OTCMKTS:TRCK) Sees Significant Growth in Short Interest

SecureAlert Inc. (OTCMKTS:TRCK) saw a significant increase in short interest in August. As of August 31st, there was short interest totaling 4,508 shares, an increase of 192.3% from the August 15th total of 1,542 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 90,326 shares, the days-to-cover ratio is currently 0.0 days.

SecureAlert Price Performance

Shares of TRCK stock opened at $0.49 on Monday. SecureAlert has a 52 week low of $0.17 and a 52 week high of $0.81. The stock has a market capitalization of $20.33 million, a PE ratio of 0.83 and a beta of 0.63. The company has a debt-to-equity ratio of 1.07, a quick ratio of 1.86 and a current ratio of 1.94. The stock’s fifty day moving average is $0.63 and its 200-day moving average is $0.59.

SecureAlert (OTCMKTS:TRCK) last released its quarterly earnings results on Friday, August 14th. The company reported $0.68 earnings per share (EPS) for the quarter. The business had revenue of $9.09 million during the quarter. SecureAlert had a negative return on equity of 507.05% and a net margin of 59.19%.

About SecureAlert

SecureAlert, trading under the symbol TRCK on the OTC Markets, is a provider of location-based safety and monitoring solutions designed to protect vulnerable populations such as seniors with dementia, children with special needs, and lone workers. The company offers a suite of wearable devices and asset tags that leverage proprietary geo-fencing and real-time tracking technologies. These devices connect to a secure network platform that generates alerts when a user exits a predefined safe zone or when other risk thresholds are breached.

At the core of SecureAlert’s product lineup are compact, wireless tracking units that can be worn or attached to personal belongings.