Trend Micro Inc. (OTCMKTS:TMICY) Sees Significant Growth in Short Interest

Trend Micro Inc. (OTCMKTS:TMICY) was the recipient of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 900 shares, anincreaseof28.6% from the July 15th total of 700 shares. Currently,0.0% of the shares of the stock are short sold. Based on an average daily volume of 3,900 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 3,900 shares, the days-to-cover ratio is currently 0.2 days. Currently,0.0% of the shares of the stock are short sold.

Trend Micro Stock Up 0.4%

OTCMKTS TMICY opened at $53.7250 on Friday. Trend Micro has a fifty-two week low of $50.80 and a fifty-two week high of $79.99. The stock has a market cap of $7.57 billion, a price-to-earnings ratio of 34.22 and a beta of 0.70. The business has a fifty day moving average of $63.62 and a 200-day moving average of $67.96.

Trend Micro (OTCMKTS:TMICY) last announced its quarterly earnings data on Thursday, August 7th. The technology company reported $0.29 EPS for the quarter, missing analysts’ consensus estimates of $0.52 by ($0.23). Trend Micro had a net margin of 11.29% and a return on equity of 28.20%. The business had revenue of $450.18 million during the quarter, compared to analysts’ expectations of $482.56 million. As a group, analysts anticipate that Trend Micro will post 1.94 EPS for the current year.

About Trend Micro

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.