Morgan Advanced Materials plc (OTCMKTS:MCRUF) Short Interest Down 68.4% in January

Morgan Advanced Materials plc (OTCMKTS:MCRUF) was the recipient of a large decrease in short interest in the month of January. As of January 15th, there was short interest totalling 600 shares, a decrease of 68.4% from the December 31st total of 1,900 shares. Based on an average trading volume of 300 shares, the short-interest ratio is currently 2.0 days.

Morgan Advanced Materials Price Performance

OTCMKTS MCRUF remained flat at $3.10 on Tuesday. The company’s 50 day simple moving average is $3.28 and its two-hundred day simple moving average is $3.67. Morgan Advanced Materials has a fifty-two week low of $3.10 and a fifty-two 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.