Morgan Advanced Materials (OTCMKTS:MCRUF) Short Interest Update

Morgan Advanced Materials (OTCMKTS:MCRUF) was the target of a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 252 shares, a decline of 85.4% from the June 30th total of 1,728 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days. Approximately 0.0% of the company’s stock are short sold.

Morgan Advanced Materials Stock Performance

OTCMKTS:MCRUF remained flat at $2.98 on Monday. 4,425 shares of the company’s stock traded hands, compared to its average volume of 276. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.80 and a current ratio of 1.23. Morgan Advanced Materials has a 52-week low of $2.58 and a 52-week high of $3.27. The firm’s 50-day simple moving average is $2.87 and its two-hundred day simple moving average is $2.97.

About Morgan Advanced Materials

Morgan Advanced Materials is a global engineering group specializing in the design, development and manufacture of advanced ceramic, carbon and composite materials. Founded in 1856 and headquartered in Windsor, England, the company serves a broad range of end markets by providing high-performance materials and components that enable critical applications in industries such as energy, electronics, aerospace, transportation and medical equipment.

The company’s portfolio includes engineered ceramics for thermal management and insulation, carbon materials for electrical and mechanical applications, and composite assemblies for wear-resistant and refractory uses.