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

Trend Micro Incorporated (OTCMKTS:TMICY) was the target of 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 daily volume of 6,800 shares, the short-interest ratio is presently 0.5 days.

Trend Micro Price Performance

Shares of TMICY stock opened at $49.60 on Friday. The business’s fifty day moving average price is $50.47 and its 200 day moving average price is $50.26. Trend Micro has a 1-year low of $36.63 and a 1-year high of $58.80. The firm has a market capitalization of $6.99 billion, a PE ratio of 62.29 and a beta of 0.68.

Trend Micro (OTCMKTS:TMICY) last announced its quarterly earnings data on Thursday, February 15th. The technology company reported $0.10 earnings per share for the quarter. Trend Micro had a return on equity of 7.10% and a net margin of 4.55%. The firm had revenue of $439.95 million for the quarter, compared to analyst estimates of $471.86 million. Equities research analysts expect 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.