Trend Micro Incorporated (OTCMKTS:TMICY) Short Interest Up 385.7% in November

Trend Micro Incorporated (OTCMKTS:TMICY) was the target of a significant increase in short interest in November. As of November 30th, there was short interest totalling 3,400 shares, an increase of 385.7% from the November 15th total of 700 shares. Based on an average daily volume of 11,300 shares, the days-to-cover ratio is presently 0.3 days.

Trend Micro Trading Up 0.4 %

Trend Micro stock traded up $0.23 on Wednesday, hitting $55.92. 2,465 shares of the stock traded hands, compared to its average volume of 5,358. Trend Micro has a 1 year low of $38.85 and a 1 year high of $63.55. The firm has a market cap of $7.88 billion, a P/E ratio of 46.03 and a beta of 0.64. The business’s fifty day simple moving average is $54.06 and its 200 day simple moving average is $51.86.

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.