Trend Micro Incorporated (OTCMKTS:TMICY) Sees Large Decline in Short Interest

Trend Micro Incorporated (OTCMKTS:TMICY - Get Free Report) saw a large decrease in short interest in February. As of February 28th, there was short interest totalling 3,200 shares, a decrease of 39.6% from the February 13th total of 5,300 shares. Approximately 0.0% of the company's stock are short sold. Based on an average daily volume of 8,300 shares, the short-interest ratio is currently 0.4 days.

Trend Micro Stock Up 1.8 %

Shares of TMICY traded up $1.19 during trading on Tuesday, reaching $67.83. The company's stock had a trading volume of 1,512 shares, compared to its average volume of 3,070. The company has a fifty day moving average of $63.91 and a two-hundred day moving average of $58.70. Trend Micro has a twelve month low of $38.85 and a twelve month high of $78.94. The company has a market cap of $9.56 billion, a price-to-earnings ratio of 39.66 and a beta of 0.60.

Trend Micro (OTCMKTS:TMICY - Get Free Report) last announced its earnings results on Tuesday, February 18th. The technology company reported $0.40 earnings per share (EPS) for the quarter. Trend Micro had a return on equity of 31.66% and a net margin of 12.64%. The company had revenue of $459.42 million for the quarter, compared to analyst estimates of $448.97 million. As a group, equities analysts forecast that Trend Micro will post 1.94 EPS 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.