SecureAlert Inc. (OTCMKTS:TRCK) Sees Large Increase in Short Interest

SecureAlert Inc. (OTCMKTS:TRCK) was the target of a large growth in short interest in June. As of June 30th, there was short interest totaling 3,323 shares, a growth of 115.5% from the June 15th total of 1,542 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 33,299 shares, the days-to-cover ratio is presently 0.1 days.

SecureAlert Price Performance

TRCK stock opened at $0.67 on Wednesday. The business has a fifty day moving average price of $0.64 and a 200 day moving average price of $0.51. SecureAlert has a fifty-two week low of $0.12 and a fifty-two week high of $0.81. The stock has a market capitalization of $27.69 million, a price-to-earnings ratio of 22.34 and a beta of 0.68.

SecureAlert (OTCMKTS:TRCK) last announced its earnings results on Friday, May 8th. The company reported ($0.06) EPS for the quarter. SecureAlert had a negative return on equity of 31.89% and a net margin of 1.24%.The business had revenue of $8.94 million for the quarter.

SecureAlert Company Profile

SecureAlert, trading under the symbol TRCK on the OTC Markets, is a provider of location-based safety and monitoring solutions designed to protect vulnerable populations such as seniors with dementia, children with special needs, and lone workers. The company offers a suite of wearable devices and asset tags that leverage proprietary geo-fencing and real-time tracking technologies. These devices connect to a secure network platform that generates alerts when a user exits a predefined safe zone or when other risk thresholds are breached.

At the core of SecureAlert’s product lineup are compact, wireless tracking units that can be worn or attached to personal belongings.