Mersen S.A. (OTCMKTS:CBLNF – Get Free Report) was the target of a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 145 shares, a growth of 168.5% from the July 15th total of 54 shares. Based on an average daily volume of 35 shares, the short-interest ratio is currently 4.1 days.
Mersen Stock Performance
OTCMKTS:CBLNF opened at C$47.67 on Friday. The stock’s 50 day moving average price is C$42.39 and its 200 day moving average price is C$35.69. Mersen has a 52-week low of C$39.24 and a 52-week high of C$48.47.
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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