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Trend Micro Incorporated (OTCMKTS:TMICY) Short Interest Up 600.0% in April

Trend Micro logo with Computer and Technology background

Trend Micro Incorporated (OTCMKTS:TMICY - Get Free Report) saw a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 1,400 shares, an increase of 600.0% from the March 31st total of 200 shares. Currently, 0.0% of the company's shares are short sold. Based on an average daily volume of 9,700 shares, the days-to-cover ratio is presently 0.1 days.

Trend Micro Price Performance

OTCMKTS TMICY traded down $1.05 during trading hours on Friday, hitting $67.18. The company had a trading volume of 389 shares, compared to its average volume of 3,105. The firm's 50 day moving average is $69.12 and its 200 day moving average is $60.27. The company has a market capitalization of $9.47 billion, a price-to-earnings ratio of 39.29 and a beta of 0.69. Trend Micro has a fifty-two week low of $38.85 and a fifty-two week high of $78.94.

Trend Micro (OTCMKTS:TMICY - Get Free Report) last released its quarterly earnings results on Tuesday, February 18th. The technology company reported $0.40 earnings per share (EPS) for the quarter. The firm had revenue of $459.42 million for the quarter, compared to the consensus estimate of $448.97 million. Trend Micro had a net margin of 12.64% and a return on equity of 31.66%. On average, equities analysts anticipate that Trend Micro will post 1.94 EPS for the current year.

About Trend Micro

(Get Free Report)

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.

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