Short Interest in Micron Technology, Inc. (NASDAQ:MU) Grows By 19.3%

Micron Technology, Inc. (NASDAQ:MU) was the recipient of a significant growth in short interest in December. As of December 31st, there was short interest totaling 29,997,536 shares, a growth of 19.3% from the December 15th total of 25,152,856 shares. Based on an average daily volume of 31,060,164 shares, the short-interest ratio is presently 1.0 days. Currently, 2.7% of the shares of the stock are sold short. Currently, 2.7% of the shares of the stock are sold short. Based on an average daily volume of 31,060,164 shares, the short-interest ratio is presently 1.0 days.

Micron Technology Stock Up 7.8%

Shares of NASDAQ:MU traded up $26.12 during trading on Monday, hitting $362.75. 47,644,489 shares of the company’s stock traded hands, compared to its average volume of 26,823,934. The company has a current ratio of 2.46, a quick ratio of 1.78 and a debt-to-equity ratio of 0.19. The company has a 50-day moving average price of $267.89 and a 200-day moving average price of $192.79. Micron Technology has a 52 week low of $61.54 and a 52 week high of $365.81. The company has a market cap of $408.28 billion, a price-to-earnings ratio of 34.48, a price-to-earnings-growth ratio of 0.22 and a beta of 1.50.

Micron Technology (NASDAQ:MU) last announced its earnings results on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 EPS for the quarter, topping the consensus estimate of $3.77 by $1.01. The firm had revenue of $13.64 billion for the quarter, compared to the consensus estimate of $12.62 billion. Micron Technology had a net margin of 28.15% and a return on equity of 22.71%. The business’s quarterly revenue was up 56.7% on a year-over-year basis. During the same period last year, the company posted $1.79 EPS. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. As a group, research analysts forecast that Micron Technology will post 6.08 EPS for the current fiscal year.

Micron Technology Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 14th. Shareholders of record on Monday, December 29th were issued a dividend of $0.115 per share. This represents a $0.46 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date was Monday, December 29th. Micron Technology’s dividend payout ratio is 4.37%.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. BNP Paribas raised Micron Technology from a “strong sell” rating to a “strong-buy” rating in a report on Monday, October 13th. BNP Paribas Exane upgraded Micron Technology from an “underperform” rating to an “outperform” rating and set a $270.00 price objective on the stock in a research report on Monday, October 13th. Summit Insights raised Micron Technology to a “strong-buy” rating in a research note on Tuesday, September 23rd. Wells Fargo & Company raised their target price on shares of Micron Technology from $335.00 to $410.00 and gave the company an “overweight” rating in a research note on Thursday. Finally, Cantor Fitzgerald lifted their target price on shares of Micron Technology from $350.00 to $450.00 and gave the stock an “overweight” rating in a report on Wednesday, January 14th. Five investment analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $326.66.

Key Stories Impacting Micron Technology

Here are the key news stories impacting Micron Technology this week:

• Positive Sentiment: Micron agreed to acquire a large Taiwanese chip fab (PSMC’s P5 site) for about $1.8 billion to boost DRAM capacity and meet surging AI/data‑center demand. Micron To Buy Taiwanese Chip Fab For $1.8 Billion As AI Drives DRAM Demand
• Positive Sentiment: Company statements and coverage warn the global DRAM shortage is “unprecedented” and likely to persist beyond 2026 — a dynamic supporting higher pricing and better revenue visibility. Micron (MU) Warns DRAM Shortage Is Unprecedented as AI Data Center Demand Surges
• Positive Sentiment: Analysts and commentators are comparing Micron to prior AI winners (e.g., Nvidia), arguing MU’s earnings/cash generation and sold‑out HBM supply make it a high‑growth AI memory play. Micron: Like 2023 Nvidia (But Better)
• Positive Sentiment: Insider buying and coverage noting institutional interest (KeyBanc lift/target increases and inclusion on AI stock lists) are reinforcing investor conviction. Micron Technology (NASDAQ:MU) Director Purchases $3,911,752.00 in Stock
• Neutral Sentiment: Mainstream outlets report the $1.8B Taiwan purchase as part of Micron’s capacity plan — factual deal coverage that supports the positive narrative but adds little new guidance. Micron to Buy Taiwan Plant for $1.8 Billion
• Negative Sentiment: Some analysts and press flag risks from aggressive capacity spending (capex and integration costs) and valuation concerns after the recent run-up — these notes could cap near‑term upside if investors worry about execution or peak margins. Micron to Buy Chip Plant for $1.8 Billion. Why That Raises Market Concerns.

Insider Activity

In related news, Director Teyin M. Liu acquired 11,600 shares of the firm’s stock in a transaction on Wednesday, January 14th. The shares were bought at an average cost of $337.22 per share, with a total value of $3,911,752.00. Following the completion of the acquisition, the director owned 25,910 shares of the company’s stock, valued at $8,737,370.20. This trade represents a 81.06% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP April S. Arnzen sold 15,000 shares of the stock in a transaction that occurred on Monday, December 22nd. The stock was sold at an average price of $277.09, for a total value of $4,156,350.00. Following the completion of the transaction, the executive vice president directly owned 165,618 shares of the company’s stock, valued at approximately $45,891,091.62. The trade was a 8.30% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 307,261 shares of company stock valued at $69,906,762. 0.24% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. Vanguard Group Inc. grew its stake in shares of Micron Technology by 0.7% during the 3rd quarter. Vanguard Group Inc. now owns 104,653,450 shares of the semiconductor manufacturer’s stock worth $17,510,615,000 after acquiring an additional 773,788 shares in the last quarter. State Street Corp lifted its position in shares of Micron Technology by 0.6% in the third quarter. State Street Corp now owns 51,659,173 shares of the semiconductor manufacturer’s stock worth $8,643,613,000 after purchasing an additional 285,582 shares in the last quarter. Geode Capital Management LLC boosted its holdings in Micron Technology by 1.2% during the second quarter. Geode Capital Management LLC now owns 25,690,491 shares of the semiconductor manufacturer’s stock worth $3,152,974,000 after purchasing an additional 314,489 shares during the last quarter. Capital International Investors grew its position in Micron Technology by 0.7% in the third quarter. Capital International Investors now owns 23,372,821 shares of the semiconductor manufacturer’s stock valued at $3,910,198,000 after purchasing an additional 155,860 shares in the last quarter. Finally, Norges Bank bought a new position in Micron Technology in the second quarter valued at $1,980,700,000. 80.84% of the stock is owned by institutional investors and hedge funds.

About Micron Technology

Micron Technology, Inc is a global semiconductor company that designs and manufactures memory and storage solutions. Its product portfolio includes dynamic random-access memory (DRAM), NAND flash memory, solid-state drives (SSDs), memory modules and embedded memory solutions for a wide range of computing and electronic devices. Micron supplies components used in data centers, enterprise and cloud infrastructure, client computing, mobile devices, automotive systems and industrial applications, and also markets consumer-facing products under the Crucial brand.

Founded in 1978 and headquartered in Boise, Idaho, Micron has grown into an international manufacturer with research, development and production facilities across multiple regions.