Trend Micro Incorporated (OTCMKTS:TMICY) Short Interest Down 62.9% in December

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

Trend Micro Trading Down 2.4 %

Trend Micro stock traded down $1.27 during trading on Monday, hitting $51.73. 3,895 shares of the company were exchanged, compared to its average volume of 2,099. The company has a market capitalization of $7.29 billion, a P/E ratio of 42.75 and a beta of 0.64. The business’s 50 day moving average is $53.89 and its 200 day moving average is $53.53. Trend Micro has a 52 week low of $38.85 and a 52 week high of $63.55.

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.