SecureAlert Inc. (OTCMKTS:TRCK) Short Interest Update

SecureAlert Inc. (OTCMKTS:TRCK) was the target of a large decline in short interest in August. As of August 14th, there was short interest totaling 1,542 shares, a decline of 78.9% from the July 30th total of 7,299 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 3,991 shares, the days-to-cover ratio is presently 0.4 days.

SecureAlert Trading Up 1.9%

Shares of SecureAlert stock opened at $0.62 on Friday. The firm has a market cap of $25.62 million, a price-to-earnings ratio of 1.05 and a beta of 0.65. The business has a 50-day moving average price of $0.68 and a 200-day moving average price of $0.57. The company has a quick ratio of 1.86, a current ratio of 1.94 and a debt-to-equity ratio of 1.07. SecureAlert has a twelve month low of $0.17 and a twelve month high of $0.81.

SecureAlert (OTCMKTS:TRCK) last posted its earnings results on Friday, August 14th. The company reported $0.68 EPS for the quarter. The company had revenue of $9.09 million for the quarter. SecureAlert had a negative return on equity of 507.05% and a net margin of 59.19%.

About SecureAlert

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.