The diminutive 20 year old forward made big steps early in his second season with the club, collecting the majority of his four goal, 20 point haul at the beginning of the year when playing in place of the injured Lee Mitchell on the club's second line with import rookie Andrew Coburn.
However, after a downturn in form in recent weeks the Hull born forward, who joined the club in the summer of 2009 after two solid developmental years in the EPL with Swindon, was demoted to the Stingrays third line alongside fellow Brits Lee Esders and Ryan Lake.
With his opportunities apparently cut as a result of his demotion down the forward ranks, Davies is rumoured to have made his feelings known part way through the recent shootout win over Dundee and left the game early on.
He was a scratch for the Stingrays big win over Edinburgh last night and player-coach Sylvain Cloutier confirmed in a post-game interview that Davies and the club had parted company saying:
"We have released Matty. We both decided it was best to go our separate ways. It's unfortunate but we move on."Davies' release marks just the second departure through the strangely quiet revolving doors at the club this season following Latvian defenceman Kriss Grundmanis' exit earlier in the year.
It is not thought Cloutier will replace the Brit directly particularly with Lee Mitchell on the way back from knee surgery, Ben Lowe prepared to step up if necessary having bagged his first ever professional goal last night against the Caps and a number of two-way options also available.
Meanwhile, Davies - who has a job as a fitness instructor in Hull - has a number of options with northern Elite League clubs Edinburgh and Newcastle well down on numbers and a number of EPL sides likely interested following his successful stint in the second tier a couple of seasons ago.
