Trend Micro Incorporated (OTCMKTS:TMICY) Short Interest Up 3,100.0% in April

Trend Micro Incorporated (OTCMKTS:TMICY) saw a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 3,200 shares, an increase of 3,100.0% from the March 31st total of 100 shares. Based on an average trading volume of 6,800 shares, the days-to-cover ratio is presently 0.5 days.

Trend Micro Price Performance

OTCMKTS:TMICY opened at $49.60 on Friday. The firm has a market cap of $6.99 billion, a PE ratio of 62.29 and a beta of 0.68. The company has a 50-day moving average of $50.47 and a 200 day moving average of $50.26. Trend Micro has a 1-year low of $36.63 and a 1-year high of $58.80.

Trend Micro (OTCMKTS:TMICY) last released its quarterly earnings results on Thursday, February 15th. The technology company reported $0.10 EPS for the quarter. The business had revenue of $439.95 million during the quarter, compared to analyst estimates of $471.86 million. Trend Micro had a net margin of 4.55% and a return on equity of 7.10%. Sell-side analysts anticipate that Trend Micro will post 1.72 EPS for the current fiscal 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.