Morgan Advanced Materials (OTCMKTS:MCRUF) Short Interest Update

Morgan Advanced Materials (OTCMKTS:MCRUF) was the recipient of a significant decrease in short interest in June. As of June 30th, there was short interest totaling 1,728 shares, a decrease of 69.9% from the June 15th total of 5,747 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 519 shares, the short-interest ratio is currently 3.3 days.

Morgan Advanced Materials Stock Performance

MCRUF stock remained flat at $2.74 during mid-day trading on Tuesday. The company has a quick ratio of 0.80, a current ratio of 1.23 and a debt-to-equity ratio of 0.61. Morgan Advanced Materials has a twelve month low of $2.58 and a twelve month high of $3.27. The company has a fifty day simple moving average of $2.91 and a 200 day simple moving average of $2.98.

About Morgan Advanced Materials

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.