Morgan Advanced Materials (OTCMKTS:MCRUF) Short Interest Update

Morgan Advanced Materials (OTCMKTS:MCRUF) was the recipient of a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 5,747 shares, an increase of 244.3% from the May 31st total of 1,669 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 2 shares, the short-interest ratio is presently 2,873.5 days.

Morgan Advanced Materials Stock Performance

MCRUF remained flat at $2.95 on Monday. The company has a 50 day simple moving average of $2.95 and a 200 day simple moving average of $2.97. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.23 and a quick ratio of 0.80. Morgan Advanced Materials has a twelve month low of $2.58 and a twelve month high of $3.27.

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.