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

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

SecureAlert Price Performance

OTCMKTS TRCK opened at $0.61 on Wednesday. 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 12 month low of $0.17 and a 12 month high of $0.81. The stock has a market cap of $25.14 million, a price-to-earnings ratio of 1.03 and a beta of 0.65. The company’s 50 day moving average is $0.68 and its two-hundred day moving average is $0.57.

SecureAlert (OTCMKTS:TRCK) last posted its quarterly earnings results on Friday, August 14th. The company reported $0.68 earnings per share for the quarter. The business 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.