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

by · The Cerbat Gem

Morgan Advanced Materials plc (OTCMKTS:MCRUF – Get Free Report) was the target of a large increase in short interest in the month of October. As of October 15th, there was short interest totalling 1,600 shares, an increase of 220.0% from the September 30th total of 500 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Morgan Advanced Materials Stock Performance

MCRUF stock remained flat at $3.90 during mid-day trading on Friday. The company has a fifty day moving average price of $3.95 and a 200 day moving average price of $3.96. Morgan Advanced Materials has a 12-month low of $2.17 and a 12-month high of $4.15.

Morgan Advanced Materials Company Profile

(Get Free Report)

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.

Featured Articles