Short Interest in Murata Manufacturing Inc. (OTCMKTS:MRAAY) Increases By 106.2%

Murata Manufacturing Inc. (OTCMKTS:MRAAY - Get Free Report) saw a significant increase in short interest in the month of April. As of April 15th, there was short interest totaling 1,253,745 shares, an increase of 106.2% from the March 31st total of 607,965 shares. Based on an average trading volume of 931,013 shares, the days-to-cover ratio is presently 1.3 days. Currently, 0.0% of the shares of the company are sold short.Get Murata Manufacturing alerts:Murata Manufacturing Stock PerformanceShares of MRAAY traded up $0.48 during midday trading on Friday, hitting $15.52. 243,025 shares of the stock traded hands, compared to its average volume of 427,878. The firm has a market capitalization of $56.75 billion, a PE ratio of 44.34 and a beta of 0.98. The business's 50 day moving average price is $12.43 and its two-hundred day moving average price is $11.01. Murata Manufacturing has a 1-year low of $6.64 and a 1-year high of $15.53. Murata Manufacturing (OTCMKTS:MRAAY - Get Free Report) last posted its quarterly earnings data on Monday, February 2nd. The company reported $0.05 earnings per share for the quarter. The business had revenue of $3.03 billion during 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 research analysts forecast that Murata Manufacturing will post 0.39 EPS for the current fiscal year. Murata Manufacturing Company Profile (Get Free Report)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.Featured ArticlesFive stocks we like better than Murata ManufacturingThis 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.Should You Invest $1,000 in Murata Manufacturing Right Now?Before you consider Murata Manufacturing, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Murata Manufacturing wasn't on the list.While Murata Manufacturing currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here