Short Interest in Trend Micro Incorporated (OTCMKTS:TMICY) Decreases By 60.9%

Trend Micro Incorporated (OTCMKTS:TMICY) saw a large decrease in short interest during the month of October. As of October 31st, there was short interest totalling 900 shares, a decrease of 60.9% from the October 15th total of 2,300 shares. Based on an average daily trading volume, of 6,000 shares, the short-interest ratio is presently 0.2 days.

Trend Micro Price Performance

TMICY stock traded up $0.70 on Friday, reaching $52.75. 2,780 shares of the company traded hands, compared to its average volume of 2,930. The firm has a fifty day simple moving average of $56.59 and a 200-day simple moving average of $51.20. Trend Micro has a one year low of $38.85 and a one year high of $63.55. The company has a market cap of $7.43 billion, a P/E ratio of 43.60 and a beta of 0.65.

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.