Micron Technology, Inc. (NASDAQ:MU) Sees Large Growth in Short Interest

Micron Technology, Inc. (NASDAQ:MU) was the target of a significant growth in short interest during the month of 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 days-to-cover ratio is currently 1.0 days. Approximately 2.7% of the company’s stock are short sold. Approximately 2.7% of the company’s stock are short sold. Based on an average daily volume of 31,060,164 shares, the days-to-cover ratio is currently 1.0 days.

Micron Technology News Roundup

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

• Positive Sentiment: AI-driven demand & sold-out HBM — Company execs and coverage say HBM and DRAM are effectively sold out to AI/cloud customers, supporting tighter pricing and higher revenue for at least the near term. Article Title
• Positive Sentiment: Taiwan fab purchase to raise capacity — Micron agreed to buy Powerchip’s P5 fab for ~$1.8B to accelerate DRAM production, a tangible step to capture AI-driven demand and reduce supply constraints. Article Title
• Positive Sentiment: Analyst upgrades and higher price targets — Several firms raised ratings/targets this week (notably big upside targets from TD Cowen and Rosenblatt), which supports buying interest and momentum traders. Article Title
• Positive Sentiment: Technical/trading signals attracted flows — A “Power Inflow” / order-flow signal flagged intraday buying, drawing short-term momentum traders and pushing the stock higher. Article Title
• Neutral Sentiment: CEO commentary at Davos / CNBC — Management is publicly emphasizing faster capacity build and supply response, which reassures investors but still leaves timing uncertainty. Article Title
• Neutral Sentiment: Momentum & coverage — Wide media coverage of a 52-week high and bullish retail/institution chatter is amplifying flows; useful for sentiment but not a fundamentals change by itself. Article Title
• Negative Sentiment: Capex and margin-cycle risk — Analysts and commentators warn the $1.8B fab buy and massive planned capex raise execution risk and could pressure margins if demand or pricing normalizes. Article Title
• Negative Sentiment: Insider selling vs. selective purchases — Public filings show meaningful insider sales among senior execs alongside a few purchases, which some investors view as a governance/ timing caution. Article Title

Micron Technology Stock Up 0.6%

Shares of NASDAQ MU opened at $365.00 on Wednesday. The business has a 50-day simple moving average of $272.56 and a two-hundred day simple moving average of $196.19. The company has a quick ratio of 1.78, a current ratio of 2.46 and a debt-to-equity ratio of 0.19. Micron Technology has a 52 week low of $61.54 and a 52 week high of $381.56. The company has a market cap of $410.81 billion, a P/E ratio of 34.70 and a beta of 1.50.

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

Micron Technology Dividend Announcement

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

Insider Activity at Micron Technology

In related news, Director Teyin M. Liu purchased 11,600 shares of the firm’s stock in a transaction on Wednesday, January 14th. The stock was purchased at an average cost of $337.22 per share, for a total transaction of $3,911,752.00. Following the completion of the purchase, the director directly owned 25,910 shares in the company, 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 legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP April S. Arnzen sold 15,000 shares of the firm’s stock in a transaction dated Monday, December 22nd. The shares were sold at an average price of $277.09, for a total transaction of $4,156,350.00. Following the completion of the sale, the executive vice president owned 165,618 shares of the company’s stock, valued at $45,891,091.62. This trade represents a 8.30% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 287,500 shares of company stock worth $65,892,908. Corporate insiders own 0.24% of the company’s stock.

Institutional Trading of Micron Technology

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Elevation Wealth Partners LLC boosted its holdings in shares of Micron Technology by 295.8% during the 4th quarter. Elevation Wealth Partners LLC now owns 95 shares of the semiconductor manufacturer’s stock valued at $27,000 after buying an additional 71 shares in the last quarter. Noble Wealth Management PBC purchased a new position in Micron Technology in the 4th quarter worth about $40,000. REAP Financial Group LLC bought a new position in Micron Technology during the third quarter valued at approximately $25,000. Barnes Dennig Private Wealth Management LLC bought a new position in shares of Micron Technology during the 3rd quarter valued at $27,000. Finally, Cullen Frost Bankers Inc. boosted its position in Micron Technology by 79.3% in the third quarter. Cullen Frost Bankers Inc. now owns 199 shares of the semiconductor manufacturer’s stock worth $33,000 after purchasing an additional 88 shares during the last quarter. Hedge funds and other institutional investors own 80.84% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the stock. Wolfe Research lifted their price objective on shares of Micron Technology from $300.00 to $350.00 and gave the company an “outperform” rating in a research note on Thursday, December 18th. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Micron Technology from $200.00 to $280.00 and gave the company a “buy” rating in a report on Tuesday, December 9th. Summit Insights raised Micron Technology to a “strong-buy” rating in a report on Tuesday, September 23rd. BNP Paribas Exane raised shares of Micron Technology from an “underperform” rating to an “outperform” rating and set a $270.00 price objective on the stock in a research note on Monday, October 13th. Finally, BNP Paribas raised Micron Technology from a “strong sell” rating to a “strong-buy” rating in a research note on Monday, October 13th. Five investment analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $340.79.

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.