Morgan Advanced Materials (OTCMKTS:MCRUF) Short Interest Update

Morgan Advanced Materials (OTCMKTS:MCRUF) saw a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 1,743 shares, a growth of 591.7% from the July 15th total of 252 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 904 shares, the short-interest ratio is presently 1.9 days.

Morgan Advanced Materials Price Performance

Shares of OTCMKTS:MCRUF remained flat at $3.47 during midday trading on Thursday. The stock had a trading volume of 1,000 shares, compared to its average volume of 372. Morgan Advanced Materials has a 1-year low of $2.58 and a 1-year high of $3.47. The company has a quick ratio of 0.80, a current ratio of 1.23 and a debt-to-equity ratio of 0.61. The business has a 50 day moving average of $2.90 and a two-hundred day moving average of $2.98.

Morgan Advanced Materials Company Profile

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.