Mersen S.A. (OTCMKTS:CBLNF) Short Interest Down 45.5% in June

Mersen S.A. (OTCMKTS:CBLNF) saw a significant decrease in short interest in the month of June. As of June 15th, there was short interest totalling 600 shares, a decrease of 45.5% from the May 31st total of 1,100 shares. Based on an average trading volume of 900 shares, the days-to-cover ratio is presently 0.7 days.

Mersen Price Performance

OTCMKTS:CBLNF remained flat at C$37.15 during mid-day trading on Friday. Mersen has a 1 year low of C$37.15 and a 1 year high of C$40.00. The stock has a 50 day moving average price of C$37.15 and a two-hundred day moving average price of C$37.63.

About Mersen

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.