Mersen S.A. (OTCMKTS:CBLNF) Short Interest Down 50.0% in February

Mersen S.A. (OTCMKTS:CBLNF) was the recipient of a significant drop in short interest in the month of February. As of February 28th, there was short interest totalling 500 shares, a drop of 50.0% from the February 13th total of 1,000 shares. Based on an average daily trading volume, of 400 shares, the short-interest ratio is currently 1.3 days.

Mersen Price Performance

Shares of CBLNF stock remained flat at C$24.09 on Friday. Mersen has a 1 year low of C$20.78 and a 1 year high of C$40.00. The stock’s 50 day moving average is C$21.40 and its 200-day moving average is C$25.97.

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.