Secom Co., Ltd. (OTCMKTS:SOMLY) Sees Significant Growth in Short Interest

Secom Co., Ltd. (OTCMKTS:SOMLY) was the recipient of a significant increase in short interest in the month of February. As of February 28th, there was short interest totalling 88,200 shares, an increase of 392.7% from the February 13th total of 17,900 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 125,600 shares, the days-to-cover ratio is currently 0.7 days.

Secom Price Performance

OTCMKTS SOMLY traded down $0.03 during trading hours on Wednesday, reaching $8.81. 86,649 shares of the stock traded hands, compared to its average volume of 80,068. The stock has a 50 day simple moving average of $8.43 and a two-hundred day simple moving average of $10.51. Secom has a 1 year low of $7.06 and a 1 year high of $10.75. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.60 and a quick ratio of 2.44. The company has a market cap of $16.44 billion, a price-to-earnings ratio of 22.05 and a beta of 0.36.

Secom Company Profile

SECOM CO., LTD., together with its subsidiaries, provides security services in Japan and internationally. The company operates through Security Services, Fire Protection Services, Medical Services, Insurance Services, Geospatial Information Services, BPO and ICT Services, and Other Services. The Security Services segment offers static guard, armored car, merchandise, and other services, as well as online security systems.