Morgan Advanced Materials (OTCMKTS:MCRUF) Short Interest Down 85.4% in July

Morgan Advanced Materials (OTCMKTS:MCRUF) was the target of a large drop in short interest in July. As of July 15th, there was short interest totaling 252 shares, a drop of 85.4% from the June 30th total of 1,728 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

Morgan Advanced Materials Price Performance

Shares of OTCMKTS:MCRUF opened at $2.98 on Friday. Morgan Advanced Materials has a 1 year low of $2.58 and a 1 year high of $3.27. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.23 and a quick ratio of 0.80. The company’s 50 day simple moving average is $2.87 and its 200 day simple moving average is $2.97.

Morgan Advanced Materials Company Profile

Morgan Advanced Materials is a global engineering group specializing in the design, development and manufacture of advanced ceramic, carbon and composite materials. Founded in 1856 and headquartered in Windsor, England, the company serves a broad range of end markets by providing high-performance materials and components that enable critical applications in industries such as energy, electronics, aerospace, transportation and medical equipment.

The company’s portfolio includes engineered ceramics for thermal management and insulation, carbon materials for electrical and mechanical applications, and composite assemblies for wear-resistant and refractory uses.