Secom Co., Ltd. (OTCMKTS:SOMLY) Sees Significant Growth in Short Interest

Secom Co., Ltd. (OTCMKTS:SOMLY) was the recipient of a significant increase in short interest during the month of July. As of July 15th, there was short interest totalling 54,400 shares, an increase of 49.9% from the June 30th total of 36,300 shares. Based on an average daily trading volume, of 152,400 shares, the days-to-cover ratio is currently 0.4 days.

Secom Price Performance

Shares of OTCMKTS SOMLY traded up $0.16 during mid-day trading on Friday, hitting $15.27. 66,576 shares of the stock traded hands, compared to its average volume of 124,588. The company has a market cap of $14.25 billion, a PE ratio of 18.18 and a beta of 0.39. Secom has a twelve month low of $14.11 and a twelve month high of $19.85. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.46 and a quick ratio of 2.32. The firm has a 50 day simple moving average of $15.14 and a two-hundred day simple moving average of $17.02.

Secom (OTCMKTS:SOMLY) last released its quarterly earnings results on Friday, May 10th. The company reported $0.21 earnings per share for the quarter. The company had revenue of $2.15 billion for the quarter. Secom had a return on equity of 7.55% and a net margin of 8.85%.

Secom Company Profile

SECOM CO., LTD., together with its subsidiaries, provides security services in Japan and internationally. The company operates through Security Services, Fire Protection Services, Medical Services, Insurance Services, Geospatial Information Services, BPO and ICT Services, and Other Services. The Security Services segment offers static guard, armored car, merchandise, and other services, as well as online security systems.