Morgan Advanced Materials (OTCMKTS:MCRUF) Sees Significant Decrease in Short Interest

Morgan Advanced Materials (OTCMKTS:MCRUF) was the recipient of a large drop in short interest in September. As of September 15th, there was short interest totaling 152 shares, a drop of 39.7% from the August 31st total of 252 shares. Based on an average trading volume of 13,800 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

Morgan Advanced Materials Stock Performance

Morgan Advanced Materials stock opened at $3.40 on Wednesday. The firm’s fifty day moving average price is $3.24 and its 200-day moving average price is $3.03. Morgan Advanced Materials has a fifty-two week low of $2.58 and a fifty-two week high of $3.47. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.80 and a current ratio of 1.23.

Morgan Advanced Materials Company Profile

Morgan Advanced Materials plc is a United Kingdom-based engineering company that develops and manufactures advanced materials and components for demanding industrial applications. Its products are designed to withstand extreme temperatures, electrical loads, wear, corrosion and other challenging operating conditions.

The company’s offerings include carbon-based materials, technical ceramics, ceramic cores, thermal-management products, electrical and electronic components, seals, bearings and other engineered solutions.