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

Morgan Advanced Materials plc (OTCMKTS:MCRUF) saw a large decline in short interest during the month of 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 trading 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 mid-day trading on Friday. The stock’s fifty day moving average price is $3.46 and its 200 day moving average price is $3.83. Morgan Advanced Materials has a twelve month low of $3.18 and a twelve month high of $4.15.

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.