Morgan Advanced Materials plc (OTCMKTS:MCRUF) Short Interest Down 62.7% in December

Morgan Advanced Materials plc (OTCMKTS:MCRUF) was the recipient of a significant decline in short interest in December. As of December 15th, there was short interest totalling 1,900 shares, a decline of 62.7% from the November 30th total of 5,100 shares. Based on an average daily volume of 1,000 shares, the short-interest ratio is presently 1.9 days.

Morgan Advanced Materials Stock Performance

MCRUF stock remained flat at $3.25 during midday trading on Thursday. Morgan Advanced Materials has a one year low of $3.18 and a one year high of $4.15. The company has a fifty day simple moving average of $3.47 and a 200 day simple moving average of $3.83.

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.