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

Morgan Advanced Materials plc (OTCMKTS:MCRUF) was the recipient of a significant decrease in short interest in the month of December. As of December 15th, there was short interest totalling 1,900 shares, a decrease of 62.7% from the November 30th total of 5,100 shares. Based on an average 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 Friday. The firm’s 50 day moving average price is $3.46 and its two-hundred day moving average price is $3.83. Morgan Advanced Materials has a 52-week low of $3.18 and a 52-week high of $4.15.

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.