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

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

Morgan Advanced Materials Price Performance

Shares of Morgan Advanced Materials stock remained flat at $3.10 on Tuesday. Morgan Advanced Materials has a 1 year low of $3.10 and a 1 year high of $4.15. The company’s 50-day simple moving average is $3.28 and its 200-day simple moving average is $3.67.

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.