Short Interest in Trend Micro Incorporated (OTCMKTS:TMICY) Declines By 39.6%

Trend Micro Incorporated (OTCMKTS:TMICY) was the recipient of a significant decrease in short interest during the month of 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. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 8,300 shares, the short-interest ratio is presently 0.4 days.

Trend Micro Stock Performance

Shares of OTCMKTS TMICY opened at $66.64 on Friday. The stock has a 50 day moving average price of $63.34 and a 200 day moving average price of $58.61. Trend Micro has a 52 week low of $38.85 and a 52 week high of $78.94. The stock has a market capitalization of $9.39 billion, a PE ratio of 38.97 and a beta of 0.60.

Trend Micro (OTCMKTS:TMICY) last issued its quarterly earnings results on Tuesday, February 18th. The technology company reported $0.40 EPS for the quarter. The firm had revenue of $459.42 million during the quarter, compared to analysts’ expectations of $448.97 million. Trend Micro had a return on equity of 31.66% and a net margin of 12.64%. As a group, research analysts forecast that Trend Micro will post 1.94 EPS for the current year.

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.