Short Interest in Mersen S.A. (OTCMKTS:CBLNF) Decreases By 60.0%

Mersen S.A. (OTCMKTS:CBLNF) was the target of a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 200 shares, a decrease of 60.0% from the February 28th total of 500 shares. Based on an average daily volume of 1,000 shares, the short-interest ratio is presently 0.2 days.

Mersen Stock Performance

Shares of Mersen stock remained flat at C$24.09 on Friday. The stock’s 50-day moving average price is C$21.98 and its 200 day moving average price is C$25.00. Mersen has a one year low of C$20.78 and a one year high of C$40.00.

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.