MURATA MFG CO L/ADR (OTCMKTS:MRAAY) Short Interest Up 47.8% in September

MURATA MFG CO L/ADR (OTCMKTS:MRAAY) was the recipient of a large increase in short interest during the month of September. As of September 15th, there was short interest totalling 40,500 shares, an increase of 47.8% from the August 31st total of 27,400 shares. Based on an average daily volume of 249,000 shares, the short-interest ratio is currently 0.2 days.

Shares of OTCMKTS:MRAAY traded down $0.06 during trading hours on Wednesday, hitting $16.16. The stock had a trading volume of 116,765 shares, compared to its average volume of 163,641. The stock’s fifty day simple moving average is $15.56 and its 200 day simple moving average is $14.34. The firm has a market capitalization of $43.68 billion, a price-to-earnings ratio of 24.49 and a beta of 0.97. The company has a debt-to-equity ratio of 0.09, a quick ratio of 2.42 and a current ratio of 3.49. MURATA MFG CO L/ADR has a 1-year low of $10.20 and a 1-year high of $16.53.

MURATA MFG CO L/ADR Company Profile

Murata Manufacturing Co, Ltd. engages in research, development, manufacture, and sale of electronic components and devices made from fine ceramics. It operates through the following segments: Components, Modules, and Others. The Components division offers capacitors and piezoelectric products. The Modules segment provides communication modules and power supplies.

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