Mersen S.A. (OTCMKTS:CBLNF) Sees Significant Growth in Short Interest

Mersen S.A. (OTCMKTS:CBLNF) was the recipient of a significant increase in short interest in January. As of January 15th, there was short interest totalling 2,400 shares, an increase of 380.0% from the December 31st total of 500 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Mersen Stock Performance

Shares of CBLNF stock remained flat at C$20.78 on Thursday. The company has a 50-day moving average of C$21.14 and a 200 day moving average of C$29.54. Mersen has a 1 year low of C$20.78 and a 1 year high of C$40.00.

Mersen Company Profile

Mersen SA manufactures and sells electrical power products and advanced materials in France, North America, rest of Europe, the Asia-Pacific, and internationally. The company offers electrical protection and control products, such as IEC and UL/CSA low voltage general purpose fuses and fuse gears, high and medium voltage fuses, surge protection, lightning protection and power monitoring, and power transfer solutions for rail vehicles; and power management solutions, including high speed fuses, DC protection for electric vehicles and battery, cooling solutions, bus bars, and aluminum electrolytic and film capacitors.