Trend Micro Incorporated (OTCMKTS:TMICY) Short Interest Down 62.9% in January

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

Trend Micro Price Performance

OTCMKTS TMICY traded up $1.05 on Tuesday, hitting $57.53. 13,463 shares of the company’s stock were exchanged, compared to its average volume of 1,628. The firm’s 50-day moving average price is $54.34 and its two-hundred day moving average price is $54.51. Trend Micro has a fifty-two week low of $38.85 and a fifty-two week high of $63.55. The firm has a market cap of $8.11 billion, a price-to-earnings ratio of 47.55 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.