Morgan Advanced Materials (OTCMKTS:MCRUF) Short Interest Up 591.7% in July

Morgan Advanced Materials (OTCMKTS:MCRUF) saw a significant increase in short interest in July. As of July 31st, there was short interest totaling 1,743 shares, an increase of 591.7% from the July 15th total of 252 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 904 shares, the short-interest ratio is currently 1.9 days.

Morgan Advanced Materials Trading Up 1.5%

Shares of OTCMKTS MCRUF opened at $3.47 on Wednesday. The company has a quick ratio of 0.80, a current ratio of 1.23 and a debt-to-equity ratio of 0.61. Morgan Advanced Materials has a fifty-two week low of $2.58 and a fifty-two week high of $3.47. The firm’s 50-day simple moving average is $2.89 and its 200 day simple moving average is $2.97.

About Morgan Advanced Materials

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.