Short Interest in Trend Micro Incorporated (OTCMKTS:TMICY) Decreases By 22.2%

Trend Micro Incorporated (OTCMKTS:TMICY - Get Free Report) was the target of a large drop in short interest in the month of November. As of November 15th, there was short interest totalling 700 shares, a drop of 22.2% from the October 31st total of 900 shares. Based on an average daily trading volume, of 5,100 shares, the days-to-cover ratio is currently 0.1 days.

Trend Micro Stock Performance

Shares of TMICY traded down $1.69 during trading hours on Friday, hitting $53.45. The stock had a trading volume of 510 shares, compared to its average volume of 5,477. The company's fifty day simple moving average is $54.88 and its 200 day simple moving average is $51.36. Trend Micro has a 12-month low of $38.85 and a 12-month high of $63.55. The firm has a market cap of $7.53 billion, a P/E ratio of 45.57 and a beta of 0.65.

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.