Mersen S.A. (OTCMKTS:CBLNF – Get Free Report) was the target of a large drop in short interest in May. As of May 29th, there was short interest totaling 455 shares, a drop of 39.4% from the May 14th total of 751 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.
Mersen Price Performance
Shares of OTCMKTS:CBLNF remained flat at C$42.40 during trading on Tuesday. Mersen has a 52-week low of C$41.69 and a 52-week high of C$42.40. The business’s 50-day moving average is C$35.90 and its 200-day moving average is C$31.73.
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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