Short Interest in Murata Manufacturing Inc. (OTCMKTS:MRAAY) Increases By 52.4%

Key Points

• Short interest in Murata Manufacturing rose 52.4% to 170,160 shares as of July 31, up from 111,690 shares on July 15. Despite the increase, short interest represents approximately 0.0% of shares outstanding, with a 0.1-day short-interest ratio.
• The stock traded down to $23.07, while the company reported quarterly EPS of $0.14 and revenue of $3.15 billion, exceeding analyst expectations of $0.12 EPS and $2.97 billion in revenue.
• Analyst sentiment is generally positive: Citigroup upgraded the stock to “strong buy,” Zacks Research rated it “hold,” and MarketBeat reports an overall average rating of “Buy.”

Murata Manufacturing Inc. (OTCMKTS:MRAAY - Get Free Report) was the target of a significant growth in short interest in July. As of July 31st, there was short interest totaling 170,160 shares, a growth of 52.4% from the July 15th total of 111,690 shares. Based on an average daily volume of 1,541,161 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

Murata Manufacturing Stock Performance

MRAAY stock traded down $2.96 during trading on Tuesday, hitting $23.07. 205,460 shares of the company traded hands, compared to its average volume of 592,180. The firm has a market capitalization of $84.36 billion, a PE ratio of 49.09 and a beta of 1.60. Murata Manufacturing has a 1 year low of $7.95 and a 1 year high of $38.72. The company has a 50-day moving average of $28.39 and a 200-day moving average of $19.93.

Murata Manufacturing (OTCMKTS:MRAAY - Get Free Report) last announced its quarterly earnings results on Friday, July 31st. The company reported $0.14 EPS for the quarter, topping analysts' consensus estimates of $0.12 by $0.02. Murata Manufacturing had a return on equity of 9.94% and a net margin of 13.86%.The business had revenue of $3.15 billion for the quarter, compared to analysts' expectations of $2.97 billion. Murata Manufacturing has set its FY 2026 guidance at 0.583-0.583 EPS. Sell-side analysts expect that Murata Manufacturing will post 0.58 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on MRAAY shares. Zacks Research upgraded Murata Manufacturing to a "hold" rating in a report on Monday, April 27th. Citigroup raised Murata Manufacturing from a "hold" rating to a "strong-buy" rating in a research note on Monday, June 29th. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, Murata Manufacturing has an average rating of "Buy".

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source