Trend Micro Incorporated (OTCMKTS:TMICY) Short Interest Update

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

Trend Micro Stock Performance

TMICY traded up $0.70 during midday trading on Thursday, hitting $52.75. The company had a trading volume of 2,780 shares, compared to its average volume of 5,488. Trend Micro has a twelve month low of $38.85 and a twelve month high of $63.55. The company has a market capitalization of $7.43 billion, a PE ratio of 43.60 and a beta of 0.65. The firm’s 50-day simple moving average is $56.59 and its 200-day simple moving average is $51.20.

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.