Trend Micro Incorporated (OTCMKTS:TMICY) Short Interest Up 360.0% in October

Trend Micro Incorporated (OTCMKTS:TMICY) was the target of a large growth in short interest in October. As of October 15th, there was short interest totalling 2,300 shares, a growth of 360.0% from the September 30th total of 500 shares. Based on an average trading volume of 5,100 shares, the short-interest ratio is currently 0.5 days.

Trend Micro Price Performance

OTCMKTS:TMICY traded up $0.89 during mid-day trading on Friday, reaching $52.89. The stock had a trading volume of 3,557 shares, compared to its average volume of 5,692. Trend Micro has a 12 month low of $36.67 and a 12 month high of $63.55. The stock has a market capitalization of $7.45 billion, a PE ratio of 64.50 and a beta of 0.63. The stock has a 50-day simple moving average of $58.40 and a two-hundred day simple moving average of $51.02.

Trend Micro (OTCMKTS:TMICY) last issued its quarterly earnings results on Thursday, August 8th. The technology company reported $0.33 earnings per share (EPS) for the quarter. Trend Micro had a return on equity of 12.34% and a net margin of 6.26%. The company had revenue of $440.07 million for the quarter. Equities analysts expect that Trend Micro will post 1.72 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.