Short Interest in Secom Co. (OTCMKTS:SOMLY) Declines By 64.7%

Key Points

• Secom Co. experienced a significant decline in short interest, falling by 64.7% in August, from 176,100 shares to 62,100 shares.
• The company's stock opened at $9.43 and has a market capitalization of $17.60 billion, with a current PE ratio of 23.42.
• Secom reported $0.10 earnings per share and $1.99 billion in revenue for its recent quarter ended August 8th.

Secom Co. (OTCMKTS:SOMLY - Get Free Report) saw a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 62,100 shares, a decline of 64.7% from the August 15th total of 176,100 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 148,300 shares, the short-interest ratio is presently 0.4 days. Based on an average trading volume of 148,300 shares, the short-interest ratio is presently 0.4 days. Approximately 0.0% of the shares of the stock are sold short.

Secom Price Performance

Shares of Secom stock traded down $0.04 during trading hours on Wednesday, reaching $9.60. The company's stock had a trading volume of 60,978 shares, compared to its average volume of 67,319. The firm has a 50 day moving average price of $9.33 and a 200-day moving average price of $9.11. Secom has a one year low of $7.83 and a one year high of $10.75. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.60 and a quick ratio of 2.45. The stock has a market cap of $17.92 billion, a P/E ratio of 24.10 and a beta of 0.44.

Secom (OTCMKTS:SOMLY - Get Free Report) last posted its earnings results on Friday, August 8th. The company reported $0.10 earnings per share for the quarter. The business had revenue of $1.99 billion during the quarter.

Secom Company Profile

SECOM CO., LTD., together with its subsidiaries, provides security services in Japan and internationally. The company operates through Security Services, Fire Protection Services, Medical Services, Insurance Services, Geospatial Information Services, BPO and ICT Services, and Other Services. The Security Services segment offers static guard, armored car, merchandise, and other services, as well as online security systems.