Morgan Advanced Materials plc (OTCMKTS:MCRUF) Short Interest Down 62.7% in December

Morgan Advanced Materials plc (OTCMKTS:MCRUF) saw a significant drop in short interest in December. As of December 15th, there was short interest totalling 1,900 shares, a drop of 62.7% from the November 30th total of 5,100 shares. Based on an average daily trading volume, of 1,000 shares, the short-interest ratio is presently 1.9 days.

Morgan Advanced Materials Stock Performance

Shares of OTCMKTS:MCRUF remained flat at $3.25 during trading on Thursday. Morgan Advanced Materials has a one year low of $3.18 and a one year high of $4.15. The business has a 50-day simple moving average of $3.47 and a 200-day simple moving average of $3.83.

Morgan Advanced Materials Company Profile

Morgan Advanced Materials plc operates as a materials science and application engineering company primarily the United Kingdom. It serves customers in the industrial, transportation, petrochemical and chemical, energy, semiconductor and electronics, healthcare, and security and defense markets. The company was formerly known as The Morgan Crucible Company plc and changed its name to Morgan Advanced Materials plc in March 2013.