Trend Micro Incorporated (OTCMKTS:TMICY) Short Interest Update

Trend Micro Incorporated (OTCMKTS:TMICY) saw a significant drop in short interest in July. As of July 15th, there was short interest totalling 200 shares, a drop of 33.3% from the June 30th total of 300 shares. Based on an average daily trading volume, of 12,900 shares, the short-interest ratio is presently 0.0 days.

Trend Micro Price Performance

TMICY traded up $0.83 during trading on Friday, reaching $47.42. 6,133 shares of the stock were exchanged, compared to its average volume of 5,938. Trend Micro has a 1 year low of $36.63 and a 1 year high of $58.80. The company has a market capitalization of $6.68 billion, a price-to-earnings ratio of 61.59 and a beta of 0.60. The business’s 50 day moving average price is $44.16 and its two-hundred day moving average price is $49.32.

Trend Micro (OTCMKTS:TMICY) last posted its earnings results on Wednesday, May 8th. The technology company reported $0.53 earnings per share for the quarter, beating the consensus estimate of $0.49 by $0.04. The firm had revenue of $443.98 million during the quarter. Trend Micro had a net margin of 5.92% and a return on equity of 9.97%. On average, analysts anticipate that Trend Micro will post 1.63 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.