Trend Micro Incorporated (OTCMKTS:TMICY) Sees Significant Drop in Short Interest

Trend Micro Incorporated (OTCMKTS:TMICY - Get Free Report) was the target of a significant decline in short interest in the month of December. As of December 31st, there was short interest totalling 1,300 shares, a decline of 62.9% from the December 15th total of 3,500 shares. Based on an average daily trading volume, of 7,400 shares, the short-interest ratio is presently 0.2 days.

Trend Micro Stock Performance

Shares of OTCMKTS TMICY traded up $1.31 during mid-day trading on Monday, reaching $53.04. The company had a trading volume of 2,812 shares, compared to its average volume of 2,187. The firm has a market cap of $7.47 billion, a price-to-earnings ratio of 43.84 and a beta of 0.64. The business's 50-day simple moving average is $53.89 and its 200 day simple moving average is $53.53. Trend Micro has a one year low of $38.85 and a one year high of $63.55.

Trend Micro Company Profile

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.