Morgan Advanced Materials (OTCMKTS:MCRUF) Short Interest Up 591.7% in July

Morgan Advanced Materials (OTCMKTS:MCRUF) was the recipient of a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 1,743 shares, a growth of 591.7% from the July 15th total of 252 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 904 shares, the days-to-cover ratio is presently 1.9 days.

Morgan Advanced Materials Price Performance

Morgan Advanced Materials stock opened at $3.47 on Friday. 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 has a 1 year low of $2.58 and a 1 year high of $3.47. The company’s 50-day moving average is $2.91 and its two-hundred day moving average is $2.98.

Morgan Advanced Materials Company Profile

Morgan Advanced Materials is a global engineering group specializing in the design, development and manufacture of advanced ceramic, carbon and composite materials. Founded in 1856 and headquartered in Windsor, England, the company serves a broad range of end markets by providing high-performance materials and components that enable critical applications in industries such as energy, electronics, aerospace, transportation and medical equipment.

The company’s portfolio includes engineered ceramics for thermal management and insulation, carbon materials for electrical and mechanical applications, and composite assemblies for wear-resistant and refractory uses.