Short Interest in Trend Micro Incorporated (OTCMKTS:TMICY) Declines By 62.9%

Trend Micro Incorporated (OTCMKTS:TMICY) was the target of a significant decrease in short interest in the month of January. As of January 15th, there was short interest totalling 1,300 shares, a decrease of 62.9% from the December 31st total of 3,500 shares. Based on an average trading volume of 7,400 shares, the days-to-cover ratio is presently 0.2 days.

Trend Micro Price Performance

Shares of TMICY traded down $0.25 during mid-day trading on Thursday, reaching $59.68. 1,268 shares of the company’s stock were exchanged, compared to its average volume of 3,270. The business’s fifty day simple moving average is $54.77 and its 200-day simple moving average is $54.68. Trend Micro has a 52-week low of $38.85 and a 52-week high of $63.55. The stock has a market capitalization of $8.41 billion, a PE ratio of 49.32 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.