Short Interest in Murata Manufacturing Inc. (OTCMKTS:MRAAY) Grows By 439.9%

Murata Manufacturing Inc. (OTCMKTS:MRAAY) saw a significant increase in short interest in the month of January. As of January 30th, there was short interest totaling 92,028 shares, an increase of 439.9% from the January 15th total of 17,046 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 530,824 shares, the days-to-cover ratio is currently 0.2 days. Based on an average trading volume of 530,824 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the company’s shares are sold short.

Murata Manufacturing Stock Performance

Shares of OTCMKTS:MRAAY traded down $0.29 during trading on Thursday, reaching $10.58. The stock had a trading volume of 296,654 shares, compared to its average volume of 396,687. Murata Manufacturing has a 52 week low of $6.24 and a 52 week high of $11.25. The firm’s fifty day moving average is $10.45 and its 200 day moving average is $9.60. The stock has a market cap of $38.69 billion, a price-to-earnings ratio of 30.23 and a beta of 0.94.

Murata Manufacturing (OTCMKTS:MRAAY) last released its quarterly earnings data on Monday, February 2nd. The company reported $0.05 earnings per share for the quarter. The company had revenue of $3.03 billion during the quarter. Murata Manufacturing had a net margin of 10.74% and a return on equity of 7.38%. Murata Manufacturing has set its FY 2025 guidance at 0.392-0.392 EPS. On average, research analysts forecast that Murata Manufacturing will post 0.41 earnings per share for the current fiscal year.

About Murata Manufacturing

Murata Manufacturing Co, Ltd. is a Japan-based manufacturer of electronic components and modules, best known for its development and production of ceramic components. Founded in 1944 by Akira Murata and headquartered in Nagaokakyo, Kyoto Prefecture, the company has grown into a leading global supplier of multilayer ceramic capacitors (MLCCs), ceramic resonators, and a broad range of passive and active electronic parts used across consumer, industrial and automotive electronics.

The company’s product portfolio encompasses passive components (such as capacitors, inductors and filters), sensors and sensing modules, power modules, and RF/wireless communication modules.