Murata Manufacturing Inc. (OTCMKTS:MRAAY) Short Interest Up 309.3% in March

Murata Manufacturing Inc. (OTCMKTS:MRAAY) saw a significant increase in short interest in March. As of March 31st, there was short interest totaling 607,965 shares, an increase of 309.3% from the March 15th total of 148,522 shares. Based on an average daily trading volume, of 914,232 shares, the short-interest ratio is currently 0.7 days. Approximately 0.0% of the company’s stock are sold short.

Murata Manufacturing Price Performance

Murata Manufacturing stock opened at $13.09 on Monday. Murata Manufacturing has a 1-year low of $6.64 and a 1-year high of $14.10. The stock has a market cap of $47.85 billion, a PE ratio of 37.39 and a beta of 0.98. The stock’s fifty day moving average is $11.60 and its two-hundred day moving average is $10.65.

Murata Manufacturing (OTCMKTS:MRAAY) last posted its quarterly earnings results on Monday, February 2nd. The company reported $0.05 earnings per share for the quarter. Murata Manufacturing had a return on equity of 7.42% and a net margin of 10.74%.The company had revenue of $3.03 billion for the quarter. Murata Manufacturing has set its FY 2025 guidance at 0.392-0.392 EPS. On average, research analysts expect 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.