Trend Micro Inc. (OTCMKTS:TMICY) Short Interest Update

Trend Micro Inc. (OTCMKTS:TMICY) was the target of a large increase in short interest during the month of May. As of May 31st, there was short interest totalling 2,000 shares, an increase of 33.3% from the May 15th total of 1,500 shares. Based on an average trading volume of 1,500 shares, the short-interest ratio is currently 1.3 days. Currently, 0.0% of the company’s stock are short sold.

Trend Micro Stock Down 2.6%

Shares of Trend Micro stock opened at $74.00 on Thursday. Trend Micro has a 12-month low of $38.85 and a 12-month high of $79.99. The stock has a 50 day moving average price of $72.05 and a two-hundred day moving average price of $65.47. The stock has a market capitalization of $10.43 billion, a P/E ratio of 45.68 and a beta of 0.75.

Trend Micro (OTCMKTS:TMICY) last posted its quarterly earnings data on Thursday, May 8th. The technology company reported $0.44 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.52 by ($0.08). The firm had revenue of $465.43 million for the quarter, compared to the consensus estimate of $483.12 million. Trend Micro had a return on equity of 29.92% and a net margin of 11.85%. Sell-side analysts anticipate that Trend Micro will post 1.94 earnings per share for the current year.

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.