Mersen S.A. (OTCMKTS:CBLNF – Get Free Report) was the target of a large decrease in short interest in the month of May. As of May 29th, there was short interest totaling 455 shares, a decrease of 39.4% from the May 14th total of 751 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.
Mersen Stock Performance
Shares of CBLNF stock opened at C$42.40 on Monday. Mersen has a 1-year low of C$41.69 and a 1-year high of C$42.40. The firm’s 50-day simple moving average is C$35.64 and its 200-day simple moving average is C$31.64.
About Mersen
Mersen is a global specialist in electrical power and advanced materials, offering a comprehensive range of products and services that support the safe and efficient distribution of electrical energy and the development of high-performance materials. The company’s Electrical Power division designs and manufactures a wide array of solutions, including fuses, surge protection devices, busbars, power distribution blocks and enclosures, all engineered to safeguard industrial, commercial and utility installations against overloads, short circuits and transients.
In its Graphite & Carbon Materials division, Mersen produces custom-engineered graphite components, carbon brushes, mechanical carbon parts and high-purity graphite for demanding applications in industries such as semiconductors, solar power, chemical processing, and electric vehicles.
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