Murata Manufacturing Inc. (OTCMKTS:MRAAY) Short Interest Update

Murata Manufacturing Inc. (OTCMKTS:MRAAY) was the target of a large increase in short interest during the month of August. As of August 15th, there was short interest totaling 190,800 shares, an increase of 32.7% from the July 31st total of 143,800 shares. Based on an average daily trading volume, of 655,600 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily trading volume, of 655,600 shares, the days-to-cover ratio is currently 0.3 days.

Murata Manufacturing Stock Performance

OTCMKTS:MRAAY opened at $8.40 on Thursday. The company has a market capitalization of $31.29 billion, a PE ratio of 21.54 and a beta of 0.90. The company has a 50 day simple moving average of $7.80 and a two-hundred day simple moving average of $7.61. Murata Manufacturing has a fifty-two week low of $6.24 and a fifty-two week high of $10.36.

Murata Manufacturing (OTCMKTS:MRAAY) last announced its quarterly earnings data on Wednesday, July 30th. The company reported $0.09 EPS for the quarter. The company had revenue of $2.88 billion during the quarter. Murata Manufacturing had a net margin of 12.51% and a return on equity of 8.51%. Research analysts predict that Murata Manufacturing will post 0.41 EPS for the current year.

Murata Manufacturing Company Profile

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.