Morgan Advanced Materials plc (OTCMKTS:MCRUF) Short Interest Down 80.0% in January

Morgan Advanced Materials plc (OTCMKTS:MCRUF) was the target of a large decrease in short interest in January. As of January 31st, there was short interest totalling 200 shares, a decrease of 80.0% from the January 15th total of 1,000 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Morgan Advanced Materials Price Performance

Shares of MCRUF remained flat at $3.10 during mid-day trading on Wednesday. Morgan Advanced Materials has a 52-week low of $3.10 and a 52-week high of $4.15. The company has a quick ratio of 1.41, a current ratio of 2.19 and a debt-to-equity ratio of 0.82. The firm’s 50-day moving average is $3.25 and its 200 day moving average is $3.60.

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.