Short Interest in Trend Micro Incorporated (OTCMKTS:TMICY) Increases By 385.7%

Trend Micro Incorporated (OTCMKTS:TMICY) was the recipient of a large growth in short interest in November. As of November 30th, there was short interest totalling 3,400 shares, a growth of 385.7% from the November 15th total of 700 shares. Based on an average daily volume of 11,300 shares, the days-to-cover ratio is currently 0.3 days.

Trend Micro Stock Performance

TMICY stock remained flat at $55.33 during mid-day trading on Friday. 747 shares of the company’s stock were exchanged, compared to its average volume of 3,588. Trend Micro has a 52 week low of $38.85 and a 52 week high of $63.55. The stock has a 50-day moving average of $53.97 and a two-hundred day moving average of $51.98. The stock has a market capitalization of $7.80 billion, a P/E ratio of 45.73 and a beta of 0.64.

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.