Mersen S.A. (OTCMKTS:CBLNF) Short Interest Down 66.7% in January

Mersen S.A. (OTCMKTS:CBLNF) was the target of a significant decline in short interest in January. As of January 31st, there was short interest totalling 800 shares, a decline of 66.7% from the January 15th total of 2,400 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 8.0 days.

Mersen Stock Performance

CBLNF remained flat at C$20.78 on Friday. Mersen has a 52-week low of C$20.78 and a 52-week high of C$40.00. The firm has a 50 day moving average of C$21.06 and a 200-day moving average of C$28.35.

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.