Short Interest in SecureAlert Inc. (OTCMKTS:TRCK) Increases By 115.5%

SecureAlert Inc. (OTCMKTS:TRCK) saw a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 3,323 shares, an increase of 115.5% from the June 15th total of 1,542 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 33,299 shares, the days-to-cover ratio is presently 0.1 days.

SecureAlert Stock Up 4.5%

Shares of OTCMKTS:TRCK opened at $0.70 on Friday. The firm has a 50 day moving average of $0.63 and a 200 day moving average of $0.51. The company has a market capitalization of $28.93 million, a price-to-earnings ratio of 23.34 and a beta of 0.68. SecureAlert has a 52 week low of $0.12 and a 52 week high of $0.81.

SecureAlert (OTCMKTS:TRCK) last announced its earnings results on Friday, May 8th. The company reported ($0.06) earnings per share (EPS) for the quarter. The company had revenue of $8.94 million for the quarter. SecureAlert had a net margin of 1.24% and a negative return on equity of 31.89%.

About SecureAlert

SecureAlert, trading under the symbol TRCK on the OTC Markets, is a provider of location-based safety and monitoring solutions designed to protect vulnerable populations such as seniors with dementia, children with special needs, and lone workers. The company offers a suite of wearable devices and asset tags that leverage proprietary geo-fencing and real-time tracking technologies. These devices connect to a secure network platform that generates alerts when a user exits a predefined safe zone or when other risk thresholds are breached.

At the core of SecureAlert’s product lineup are compact, wireless tracking units that can be worn or attached to personal belongings.