Trend Micro Incorporated (OTCMKTS:TMICY) Sees Significant Decrease in Short Interest

Trend Micro Incorporated (OTCMKTS:TMICY) was the target of a large decrease in short interest during the month of December. As of December 31st, there was short interest totalling 1,300 shares, a decrease of 62.9% from the December 15th total of 3,500 shares. Based on an average daily volume of 7,400 shares, the short-interest ratio is currently 0.2 days.

Trend Micro Stock Performance

Shares of TMICY traded up $0.63 during mid-day trading on Tuesday, hitting $53.67. 3,166 shares of the stock were exchanged, compared to its average volume of 2,237. The company has a market cap of $7.56 billion, a PE ratio of 44.35 and a beta of 0.64. Trend Micro has a 52-week low of $38.85 and a 52-week high of $63.55. The firm has a 50-day moving average of $53.89 and a two-hundred day moving average of $53.62.

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.