Murata Manufacturing Inc. (OTCMKTS:MRAAY) Short Interest Down 89.8% in December

Murata Manufacturing Inc. (OTCMKTS:MRAAY) was the target of a significant drop in short interest in the month of December. As of December 15th, there was short interest totaling 10,494 shares, a drop of 89.8% from the November 30th total of 102,674 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 1,265,574 shares, the short-interest ratio is presently 0.0 days. Based on an average daily trading volume, of 1,265,574 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

Murata Manufacturing Stock Up 0.8%

Shares of MRAAY traded up $0.08 during trading hours on Friday, reaching $10.22. The company’s stock had a trading volume of 261,734 shares, compared to its average volume of 509,724. The firm has a market cap of $37.37 billion, a price-to-earnings ratio of 23.77 and a beta of 0.93. The company has a 50 day moving average of $10.23 and a two-hundred day moving average of $8.83. Murata Manufacturing has a 1-year low of $6.24 and a 1-year high of $11.25.

Murata Manufacturing (OTCMKTS:MRAAY) last posted its quarterly earnings results on Friday, October 31st. The company reported $0.15 earnings per share for the quarter. Murata Manufacturing had a return on equity of 9.16% and a net margin of 13.40%.The company had revenue of $3.30 billion during the quarter. As a group, analysts forecast 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.