Morgan Advanced Materials (OTCMKTS:MCRUF) Short Interest Update

Morgan Advanced Materials (OTCMKTS:MCRUF) was the target of a large decline in short interest in September. As of September 15th, there was short interest totaling 152 shares, a decline 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 currently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

Morgan Advanced Materials Price Performance

OTCMKTS:MCRUF remained flat at $3.40 during mid-day trading on Thursday. The stock’s 50 day simple moving average is $3.25 and its 200-day simple moving average is $3.04. The company has a current ratio of 1.23, a quick ratio of 0.80 and a debt-to-equity ratio of 0.61. Morgan Advanced Materials has a 52 week low of $2.58 and a 52 week high of $3.47.

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.