Trend Micro Incorporated (OTCMKTS:TMICY) Short Interest Update

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

Trend Micro Stock Down 3.1 %

Shares of Trend Micro stock opened at $49.83 on Friday. The company has a 50 day moving average price of $50.61 and a 200 day moving average price of $50.27. The firm has a market capitalization of $7.02 billion, a P/E ratio of 64.25 and a beta of 0.68. Trend Micro has a 52 week low of $36.63 and a 52 week 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 firm had revenue of $439.95 million for the quarter, compared to analyst estimates of $471.86 million. Trend Micro had a return on equity of 7.10% and a net margin of 4.55%. As a group, research analysts anticipate that Trend Micro will post 1.72 earnings per share 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.