Short Interest in Morgan Advanced Materials plc (OTCMKTS:MCRUF) Increases By 112.5%

Morgan Advanced Materials plc (OTCMKTS:MCRUF) was the recipient of a significant growth in short interest in the month of October. As of October 31st, there was short interest totalling 3,400 shares, a growth of 112.5% from the October 15th total of 1,600 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 34.0 days.

Morgan Advanced Materials Price Performance

Shares of Morgan Advanced Materials stock remained flat at $3.30 during trading on Wednesday. The company’s 50-day simple moving average is $3.79 and its 200 day simple moving average is $3.94. Morgan Advanced Materials has a 1 year low of $3.00 and a 1 year high of $4.15.

Morgan Advanced Materials Company Profile

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.