Secom Co. (OTCMKTS:SOMLY) Short Interest Up 108.4% in September

Key Points

• Secom Co. experienced a significant rise in short interest, increasing by 108.4% in September, totaling 129,400 shares by the middle of the month.
• The company's stock price opened at $9.08, with a fifty-two week range between $7.83 and $10.31.
• Secom reported earnings of $0.10 per share and revenue of $1.99 billion for the last quarter ended August 8th.

Secom Co. (OTCMKTS:SOMLY - Get Free Report) saw a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 129,400 shares, an increase of 108.4% from the August 31st total of 62,100 shares. Based on an average trading volume of 127,700 shares, the days-to-cover ratio is presently 1.0 days. Based on an average trading volume of 127,700 shares, the days-to-cover ratio is presently 1.0 days.

Secom Price Performance

OTCMKTS SOMLY opened at $9.08 on Friday. Secom has a fifty-two week low of $7.83 and a fifty-two week high of $10.31. The business has a fifty day moving average of $9.41 and a 200-day moving average of $9.16. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.60 and a quick ratio of 2.45.

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

About Secom

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.

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