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

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

Mersen Stock Performance

CBLNF opened at C$24.09 on Friday. The company has a fifty day moving average of C$21.40 and a 200-day moving average of C$25.88. Mersen has a twelve month low of C$20.78 and a twelve month 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.