Murata Manufacturing Co., Ltd. (OTCMKTS:MRAAY) Short Interest Up 369.7% in February

Murata Manufacturing Co., Ltd. (OTCMKTS:MRAAY) was the target of a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 266,300 shares, an increase of 369.7% from the January 31st total of 56,700 shares. Based on an average daily volume of 1,366,200 shares, the short-interest ratio is presently 0.2 days.

Murata Manufacturing Price Performance

OTCMKTS:MRAAY traded down $0.10 during trading hours on Friday, reaching $8.53. The company’s stock had a trading volume of 397,580 shares, compared to its average volume of 649,682. Murata Manufacturing has a one year low of $7.33 and a one year high of $12.00. The business’s 50-day moving average is $8.20 and its 200-day moving average is $8.83. The company has a market cap of $33.49 billion, a price-to-earnings ratio of 23.70 and a beta of 0.80.

Murata Manufacturing (OTCMKTS:MRAAY) last issued its quarterly earnings data on Friday, February 7th. The company reported $0.13 earnings per share for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.03). Murata Manufacturing had a net margin of 12.00% and a return on equity of 8.01%. On average, sell-side analysts predict that Murata Manufacturing will post 0.41 EPS for the current fiscal year.

About Murata Manufacturing

Murata Manufacturing Co, Ltd. designs, manufactures, and sells ceramic-based passive electronic components and solutions in Japan and internationally. The company offers capacitors, inductors, noise suppression products/EMI suppression filters/ESD protection devices, resistors, thermistors, sensors, timing devices, quartz devices, sound components, power products, batteries, micro mechatronics, RFID product, baluns, couplers, filters, phase shifters, RF switches, front-end modules, SAW components, connectors, antennas, connectivity modules, wireless connectivity platforms, ionizers/active oxygen modules, and transformers.