Murata Manufacturing Inc. (OTCMKTS:MRAAY) Short Interest Down 75.8% in January

Murata Manufacturing Inc. (OTCMKTS:MRAAY) was the target of a large decline in short interest in January. As of January 15th, there was short interest totaling 17,046 shares, a decline of 75.8% from the December 31st total of 70,414 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 801,776 shares, the days-to-cover ratio is currently 0.0 days. Based on an average trading volume of 801,776 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

Murata Manufacturing Stock Down 1.8%

OTCMKTS MRAAY opened at $10.19 on Friday. Murata Manufacturing has a twelve month low of $6.24 and a twelve month high of $11.25. The firm has a market capitalization of $37.26 billion, a PE ratio of 23.70 and a beta of 0.92. The stock’s 50 day moving average is $10.40 and its 200 day moving average is $9.38.

Murata Manufacturing (OTCMKTS:MRAAY) last posted its quarterly earnings data on Friday, October 31st. The company reported $0.15 earnings per share (EPS) for the quarter. Murata Manufacturing had a return on equity of 9.16% and a net margin of 13.40%.The business had revenue of $3.30 billion during the quarter. On average, research analysts anticipate that Murata Manufacturing will post 0.41 earnings per share for the current 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.