Murata Manufacturing Co., Ltd. (OTCMKTS:MRAAY) Short Interest Up 271.1% in October

Murata Manufacturing Co., Ltd. (OTCMKTS:MRAAY - Get Free Report) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totalling 16,700 shares, an increase of 271.1% from the September 30th total of 4,500 shares. Based on an average daily trading volume, of 349,900 shares, the days-to-cover ratio is presently 0.0 days.

Murata Manufacturing Stock Up 0.2 %

Shares of OTCMKTS MRAAY traded up $0.02 during midday trading on Friday, hitting $9.09. 298,873 shares of the company's stock were exchanged, compared to its average volume of 279,726. The firm has a market capitalization of $34.35 billion, a PE ratio of 27.48 and a beta of 0.83. Murata Manufacturing has a 12 month low of $8.08 and a 12 month high of $12.00. The company's 50 day moving average price is $9.71 and its 200 day moving average price is $9.83.

Murata Manufacturing (OTCMKTS:MRAAY - Get Free Report) last issued its quarterly earnings data on Tuesday, July 30th. The company reported $0.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.10 by $0.01. Murata Manufacturing had a net margin of 11.62% and a return on equity of 7.72%. The firm had revenue of $2.71 billion during the quarter, compared to the consensus estimate of $2.63 billion. On average, equities research analysts anticipate that Murata Manufacturing will post 0.52 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.

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