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

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

Morgan Advanced Materials Price Performance

Shares of MCRUF stock remained flat at $3.30 during trading hours on Wednesday. The firm’s 50-day simple moving average is $3.79 and its 200 day simple moving average is $3.94. Morgan Advanced Materials has a 52 week low of $3.00 and a 52 week 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.