Makita Corp. (OTCMKTS:MKTAY) Short Interest Update

Posted by on May 29th, 2026

Makita Corp. (OTCMKTS:MKTAY – Get Free Report) saw a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 17,737 shares, an increase of 399.4% from the April 30th total of 3,552 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 19,082 shares, the short-interest ratio is presently 0.9 days.

Analysts Set New Price Targets

Separately, Wall Street Zen raised shares of Makita from a “hold” rating to a “buy” rating in a research note on Saturday, January 31st. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Makita has an average rating of “Sell”.

Read Our Latest Report on Makita

Makita Trading Down 3.1%

MKTAY stock traded down $1.09 on Friday, hitting $34.57. 15,550 shares of the company’s stock traded hands, compared to its average volume of 13,254. Makita has a 1-year low of $26.76 and a 1-year high of $41.20. The stock has a market cap of $9.14 billion, a price-to-earnings ratio of 17.37 and a beta of 0.66. The stock has a fifty day moving average of $34.90 and a 200-day moving average of $33.44.

Makita (OTCMKTS:MKTAY – Get Free Report) last released its earnings results on Tuesday, April 28th. The company reported $0.53 EPS for the quarter, beating the consensus estimate of $0.44 by $0.09. Makita had a net margin of 10.21% and a return on equity of 8.14%. The business had revenue of $1.31 billion during the quarter, compared to analyst estimates of $1.26 billion.

About Makita

(Get Free Report)

Makita Corporation (OTCMKTS:MKTAY) is a global manufacturer of professional and consumer power tools headquartered in Anjō, Aichi Prefecture, Japan. Founded in 1915 as an electric motor sales and repair company, it incorporated as Makita Electric Works, Ltd. in 1958 and has since expanded its product portfolio to serve both industrial and residential markets. The company’s core business activities encompass the design, production and distribution of power tools, outdoor power equipment and accessories.

Makita’s product lineup includes cordless and corded electric drills, drivers, saws, grinders, sanders and rotary hammers, as well as pneumatic and gasoline-powered machinery.

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