Short Interest in Secom Co. (OTCMKTS:SOMLY) Increases By 99.0%

Secom Co. (OTCMKTS:SOMLY) was the target of a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 155,151 shares, an increase of 99.0% from the April 15th total of 77,961 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 250,355 shares, the days-to-cover ratio is currently 0.6 days.

Secom Price Performance

Shares of OTCMKTS SOMLY opened at $9.66 on Tuesday. Secom has a fifty-two week low of $8.06 and a fifty-two week high of $10.31. The business has a 50 day moving average price of $9.32 and a two-hundred day moving average price of $9.13. The company has a quick ratio of 2.27, a current ratio of 2.42 and a debt-to-equity ratio of 0.02. The firm has a market cap of $15.63 billion, a PE ratio of 21.47 and a beta of 0.25.

Secom (OTCMKTS:SOMLY) last issued its quarterly earnings data on Tuesday, May 12th. The company reported $0.14 earnings per share for the quarter. Secom had a return on equity of 7.86% and a net margin of 8.94%.The firm had revenue of $2.21 billion during the quarter.

Secom Company Profile

Secom Co, Ltd. is a leading provider of security and safety solutions based in Tokyo, Japan. The company’s core business centers on integrated security services, including electronic alarm systems, 24-hour monitoring, on-site guard services and emergency response. Secom also develops and installs access control systems, video surveillance equipment and intruder detection technologies designed for residential, commercial and government clients.

Founded in 1962, Secom introduced Japan’s first automated security alarm service and has since expanded its offerings to encompass a broad range of safety-related products.