Could TREND MICRO INCORPORATED ORDINARY SHARES (OTCMKTS:TMICF) Change Direction After Less Shorts?

April 16, 2018 - By Henry Gaston

Trend Micro Incorporated (OTCMKTS:TMICF) Logo

The stock of TREND MICRO INCORPORATED ORDINARY SHARES (OTCMKTS:TMICF) registered a decrease of 10.31% in short interest. TMICF’s total short interest was 96,600 shares in April as published by FINRA. Its down 10.31% from 107,700 shares, reported previously. The short interest to TREND MICRO INCORPORATED ORDINARY SHARES’s float is 0.08%.

The stock 1.37% or $0 during the last trading session, reaching $55.92. It is down 0.00% since April 16, 2017 and is . It has underperformed by 11.55% the S&P500.

Trend Micro Incorporated develops and sells security solutions primarily in Japan. The company has market cap of $8.10 billion. The Company’s home products include PC, Mac, and Android and iOS device protection products, as well as password management, virus and Spyware removal, PC security health check, and PC tune up products. It has a 31.99 P/E ratio. The firm also offers hybrid cloud security solutions, such as data center, cloud, and virtualization security products; network security solutions, including integrated advanced threat prevention and advanced threat detection solutions; user protection solutions comprising endpoint and gateway suites, endpoint security, email security, Web security, SaaS application security, and forensics; and support services.

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