Short Interest in Murata Manufacturing Inc. (OTCMKTS:MRAAY) Drops By 27.7%

Key Points

• Short interest fell 27.7% in March to 148,522 shares, leaving a days-to-cover ratio of about 0.2 days and a reported 0.0% of shares sold short (rounded).
• Shares traded at $11.27 on Friday with heavier-than-average volume (632,795 vs. avg. 392,516), and the company has a market capitalization of $41.21 billion and a P/E of 32.20.
• Murata reported $0.05 EPS on $3.03 billion in quarterly revenue, with a net margin of 10.74% and ROE of 7.42%; management set FY2025 EPS guidance at 0.392 while analysts expect about 0.41 EPS.

Murata Manufacturing Inc. (OTCMKTS:MRAAY - Get Free Report) saw a large decrease in short interest during the month of March. As of March 13th, there was short interest totaling 148,522 shares, a decrease of 27.7% from the February 26th total of 205,491 shares. Based on an average daily trading volume, of 832,983 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the company's shares are sold short.

Murata Manufacturing Price Performance

MRAAY traded down $0.10 during trading on Friday, hitting $11.27. 632,795 shares of the stock traded hands, compared to its average volume of 392,516. The firm has a market capitalization of $41.21 billion, a P/E ratio of 32.20 and a beta of 0.90. Murata Manufacturing has a 12-month low of $6.24 and a 12-month high of $14.10. The firm has a 50-day moving average of $11.30 and a 200 day moving average of $10.42.

Murata Manufacturing (OTCMKTS:MRAAY - Get Free Report) last released its quarterly earnings data on Monday, February 2nd. The company reported $0.05 earnings per share (EPS) for the quarter. The firm had revenue of $3.03 billion for the quarter. Murata Manufacturing had a net margin of 10.74% and a return on equity of 7.42%. Murata Manufacturing has set its FY 2025 guidance at 0.392-0.392 EPS. As a group, equities analysts predict that Murata Manufacturing will post 0.41 EPS for the current fiscal year.

Murata Manufacturing Company Profile

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.

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