SecureAlert Inc. (OTCMKTS:TRCK) Short Interest Update

SecureAlert Inc. (OTCMKTS:TRCK) was the recipient of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 4,508 shares, an increase of 192.3% from the August 15th total of 1,542 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 90,326 shares, the days-to-cover ratio is presently 0.0 days.

SecureAlert Price Performance

TRCK opened at $0.49 on Tuesday. The company has a market capitalization of $20.33 million, a P/E ratio of 0.83 and a beta of 0.63. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.94 and a quick ratio of 1.86. The firm’s fifty day moving average price is $0.63 and its two-hundred day moving average price is $0.59. SecureAlert has a fifty-two week low of $0.17 and a fifty-two week high of $0.81.

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

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.