Morgan Advanced Materials plc (OTCMKTS:MCRUF - Get Free Report) was the target of a large decline in short interest in the month of December. As of December 15th, there was short interest totalling 1,900 shares, a decline 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 currently 1.9 days.
Morgan Advanced Materials Price Performance
OTCMKTS:MCRUF remained flat at $3.25 during trading hours on Thursday. Morgan Advanced Materials has a fifty-two week low of $3.18 and a fifty-two week high of $4.15. The firm's fifty day simple moving average is $3.46 and its 200-day simple moving average is $3.83.
Morgan Advanced Materials Company Profile
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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.
Further Reading
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