Short Interest in Trend Micro Incorporated (OTCMKTS:TMICY) Drops By 22.2%

Trend Micro Incorporated (OTCMKTS:TMICY) was the recipient of a large decline in short interest in November. As of November 15th, there was short interest totalling 700 shares, a decline of 22.2% from the October 31st total of 900 shares. Based on an average trading volume of 5,100 shares, the short-interest ratio is currently 0.1 days.

Trend Micro Price Performance

Shares of TMICY traded down $1.69 during midday trading on Friday, reaching $53.45. The stock had a trading volume of 510 shares, compared to its average volume of 5,477. Trend Micro has a 52 week low of $38.85 and a 52 week high of $63.55. The firm’s 50 day moving average price is $54.73 and its 200-day moving average price is $51.40. The company has a market capitalization of $7.53 billion, a P/E ratio of 44.17 and a beta of 0.65.

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.