Mersen S.A. (OTCMKTS:CBLNF – Get Free Report) was the recipient of a large growth in short interest in June. As of June 15th, there was short interest totaling 2,121 shares, a growth of 366.2% from the May 31st total of 455 shares. Based on an average daily volume of 27 shares, the short-interest ratio is currently 78.6 days.
Mersen Price Performance
Shares of Mersen stock opened at C$42.40 on Friday. Mersen has a one year low of C$41.69 and a one year high of C$42.40. The stock’s fifty day moving average is C$38.23 and its 200 day moving average is C$32.53.
Mersen Company Profile
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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