Short Interest in Mersen S.A. (OTCMKTS:CBLNF) Rises By 340.0%

Mersen S.A. (OTCMKTS:CBLNF) was the recipient of a significant growth in short interest in the month of October. As of October 15th, there was short interest totalling 2,200 shares, a growth of 340.0% from the September 30th total of 500 shares. Based on an average daily trading volume, of 200 shares, the short-interest ratio is presently 11.0 days.

Mersen Price Performance

Shares of CBLNF stock remained flat at C$28.80 during trading hours on Friday. Mersen has a 12 month low of C$28.80 and a 12 month high of C$40.00. The firm’s 50 day moving average price is C$36.16 and its 200-day moving average price is C$37.04.

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.