SecureAlert Inc. (OTCMKTS:TRCK) Sees Significant Decrease in Short Interest

SecureAlert Inc. (OTCMKTS:TRCK) was the target of a significant decrease in short interest during the month of September. As of September 15th, there was short interest totaling 1,542 shares, a decrease of 65.8% from the August 31st total of 4,508 shares. Based on an average daily trading volume, of 19,708 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

SecureAlert Price Performance

TRCK opened at $0.46 on Friday. The company has a current ratio of 1.94, a quick ratio of 1.86 and a debt-to-equity ratio of 1.07. SecureAlert has a 1-year low of $0.17 and a 1-year high of $0.81. The company has a market capitalization of $21.19 million, a PE ratio of 0.78 and a beta of 0.63. The firm’s 50 day simple moving average is $0.59 and its two-hundred day simple moving average is $0.60.

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

About SecureAlert

SecureAlert, Inc (OTCMKTS:TRCK) is a security technology company focused on personal safety, location tracking and remote monitoring solutions. Its offerings have included GPS-enabled devices and related services designed to help individuals, organizations and monitoring personnel track locations and respond to safety or security events.

The company has also been associated with monitoring applications for individuals under supervision, including solutions intended to support offender tracking and electronic monitoring.