Mersen S.A. (OTCMKTS:CBLNF) Short Interest Update

Mersen S.A. (OTCMKTS:CBLNF) was the target of a significant decline in short interest in September. As of September 30th, there was short interest totalling 500 shares, a decline of 16.7% from the September 15th total of 600 shares. Based on an average trading volume of 100 shares, the short-interest ratio is presently 5.0 days.

Mersen Price Performance

Mersen stock remained flat at C$28.80 during mid-day trading on Tuesday. Mersen has a fifty-two week low of C$28.80 and a fifty-two week high of C$40.00. The company has a fifty day moving average price of C$37.63 and a 200 day moving average price of C$37.59.

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.