Morgan Advanced Materials plc (OTCMKTS:MCRUF) Short Interest Up 750.0% in February

Morgan Advanced Materials plc (OTCMKTS:MCRUF) was the recipient of a large growth in short interest in February. As of February 15th, there was short interest totalling 1,700 shares, a growth of 750.0% from the January 31st total of 200 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 17.0 days.

Morgan Advanced Materials Stock Performance

Shares of MCRUF stock traded down $0.43 during mid-day trading on Friday, reaching $2.75. The stock had a trading volume of 8,500 shares, compared to its average volume of 350. The company has a current ratio of 2.19, a quick ratio of 1.41 and a debt-to-equity ratio of 0.82. Morgan Advanced Materials has a 12-month low of $2.75 and a 12-month high of $4.15. The business has a 50-day simple moving average of $3.14 and a 200 day simple moving average of $3.52.

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.