Morgan Advanced Materials (MCRUF) Short Interest Ratio & Short Volume

Short interest is the volume of Morgan Advanced Materials shares that have been sold short but have not yet been closed out or covered. As of December 15th, traders have sold 1,900 shares of MCRUF short. Learn More on Morgan Advanced Materials' current short interest.

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. MCRUF shares currently have a short interest ratio of 2.0. Learn More on Morgan Advanced Materials's short interest ratio.

Morgan Advanced Materials saw a drop in short interest during the month of December. As of December 15th, there was short interest totaling 1,900 shares, a drop of 62.7% from the previous total of 5,100 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

Here is how the short interest of companies in the industry of "private households" compare to Morgan Advanced Materials: Dongfeng Motor Group Company Limited (0.00%), TravelSky Technology Limited (0.00%), Sumitomo Chemical Company, Limited (0.00%), CyberAgent, Inc. (0.58%), freenet AG (0.03%), Voestalpine AG (0.00%), Woolworths Holdings Limited (0.00%), Spectris plc (0.00%), Marui Group Co., Ltd. (0.00%), The Bank of East Asia, Limited (0.00%),

As of the most recent reporting period, the following stocks had the largest short interest positions: AppLovin Co. ($5.70 billion), Charter Communications, Inc. ($4.32 billion), Spotify Technology S.A. ($4.06 billion), Canadian Natural Resources Limited ($3.45 billion), Reddit, Inc. ($2.79 billion), International Paper ($2.70 billion), Cencora, Inc. ($2.27 billion), SoFi Technologies, Inc. ($2.21 billion), Lululemon Athletica Inc. ($2.13 billion), and Rivian Automotive, Inc. ($2.05 billion). View all of the most shorted stocks.

Short selling MCRUF is an investing strategy that aims to generate trading profit from Morgan Advanced Materials as its price is falling. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for Morgan Advanced Materials occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of MCRUF, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including MCRUF, twice per month. The most recent reporting period available is December, 15 2024.