SecureAlert Inc. (OTCMKTS:TRCK) Short Interest Down 78.9% in August

SecureAlert Inc. (OTCMKTS:TRCK) saw 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. Based on an average daily volume of 3,991 shares, the short-interest ratio is presently 0.4 days. Approximately 0.0% of the shares of the stock are short sold.

SecureAlert Trading Up 7.1%

TRCK stock opened at $0.61 on Wednesday. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.94 and a quick ratio of 1.86. SecureAlert has a 1-year low of $0.17 and a 1-year high of $0.81. The business has a 50 day simple moving average of $0.68 and a two-hundred day simple moving average of $0.57. The company has a market capitalization of $25.14 million, a price-to-earnings ratio of 1.03 and a beta of 0.65.

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

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.