Trend Micro Incorporated (OTCMKTS:TMICY) Short Interest Up 600.0% in April

Trend Micro Incorporated (OTCMKTS:TMICY - Get Free Report) was the target of a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 1,400 shares, an increase of 600.0% from the March 31st total of 200 shares. Based on an average daily trading volume, of 9,700 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company's stock are short sold.

Trend Micro Stock Performance

Trend Micro stock traded down $2.07 during mid-day trading on Thursday, reaching $68.23. The stock had a trading volume of 867 shares, compared to its average volume of 2,986. The firm has a market capitalization of $9.61 billion, a PE ratio of 39.90 and a beta of 0.69. Trend Micro has a fifty-two week low of $38.85 and a fifty-two week high of $78.94. The stock's 50-day simple moving average is $68.78 and its 200-day simple moving average is $60.56.

Trend Micro (OTCMKTS:TMICY - Get Free Report) last posted its quarterly earnings results on Tuesday, February 18th. The technology company reported $0.40 earnings per share (EPS) for the quarter. Trend Micro had a net margin of 12.64% and a return on equity of 31.66%. The business had revenue of $459.42 million during the quarter, compared to the consensus estimate of $448.97 million. On average, research analysts forecast that Trend Micro will post 1.94 earnings per share for the current fiscal year.

About Trend Micro

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.