Short Interest in Trend Micro Incorporated (OTCMKTS:TMICY) Declines By 39.6%

Trend Micro Incorporated (OTCMKTS:TMICY) saw a significant decline in short interest in February. As of February 28th, there was short interest totalling 3,200 shares, a decline of 39.6% from the February 13th total of 5,300 shares. Based on an average trading volume of 8,300 shares, the short-interest ratio is currently 0.4 days. Approximately 0.0% of the company’s stock are sold short.

Trend Micro Stock Down 1.1 %

Shares of TMICY stock opened at $66.64 on Monday. The company has a 50 day moving average of $63.59 and a 200-day moving average of $58.64. Trend Micro has a 12-month low of $38.85 and a 12-month high of $78.94. The firm has a market cap of $9.39 billion, a P/E ratio of 38.97 and a beta of 0.60.

Trend Micro (OTCMKTS:TMICY) last posted its 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 firm had revenue of $459.42 million for the quarter, compared to the consensus estimate of $448.97 million. As a group, equities analysts expect 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.