SecureAlert Inc. (OTCMKTS:TRCK) Stock Short Interest Falls 65.8%

SecureAlert Inc. (OTCMKTS:TRCK) was the target of a large decrease in short interest in September. As of September 15th, there was short interest totaling 1,542 shares, a decrease of 65.8% from the August 31st total of 4,508 shares. Based on an average daily volume of 19,708 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

SecureAlert Price Performance

TRCK stock remained flat at $0.46 during trading on Tuesday. SecureAlert has a 52-week low of $0.17 and a 52-week high of $0.81. The stock has a 50 day moving average of $0.59 and a 200 day moving average of $0.60. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.94 and a quick ratio of 1.86. The company has a market capitalization of $21.19 million, a PE ratio of 0.78 and a beta of 0.63.

SecureAlert (OTCMKTS:TRCK) last issued its quarterly earnings results on Friday, August 14th. The company reported $0.68 earnings per share for the quarter. SecureAlert had a negative return on equity of 507.05% and a net margin of 59.19%.The company had revenue of $9.09 million for the quarter.

SecureAlert Company Profile

SecureAlert, Inc (OTCMKTS:TRCK) is a security technology company focused on personal safety, location tracking and remote monitoring solutions. Its offerings have included GPS-enabled devices and related services designed to help individuals, organizations and monitoring personnel track locations and respond to safety or security events.

The company has also been associated with monitoring applications for individuals under supervision, including solutions intended to support offender tracking and electronic monitoring.