Trend Micro Incorporated (OTCMKTS:TMICY) Short Interest Down 39.6% in February

Trend Micro Incorporated (OTCMKTS:TMICY) was the recipient of a large 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 shares of the company are sold short. Based on an average daily trading volume, of 8,300 shares, the days-to-cover ratio is currently 0.4 days.

Trend Micro Trading Down 1.1 %

TMICY traded down $0.77 during trading on Friday, reaching $66.64. 1,703 shares of the company were exchanged, compared to its average volume of 3,104. The stock has a market cap of $9.39 billion, a P/E ratio of 38.97 and a beta of 0.60. The firm has a 50 day moving average of $63.59 and a 200 day moving average of $58.65. Trend Micro has a 52 week low of $38.85 and a 52 week high of $78.94.

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