Morgan Advanced Materials plc (OTCMKTS:MCRUF) Sees Large Decline in Short Interest

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

Morgan Advanced Materials Stock Down 2.1 %

MCRUF stock traded down $0.07 during midday trading on Monday, reaching $3.18. The company had a trading volume of 201 shares, compared to its average volume of 6,344. The company has a 50 day moving average of $3.32 and a two-hundred day moving average of $3.76. Morgan Advanced Materials has a 1 year low of $3.18 and a 1 year high of $4.15.

About Morgan Advanced Materials

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.