Mercari, Inc. (OTCMKTS:MCARY – Get Free Report) saw a large drop in short interest in the month of September. As of September 15th, there was short interest totaling 25 shares, a drop of 65.3% from the August 31st total of 72 shares. Based on an average trading volume of 80 shares, the short-interest ratio is currently 0.3 days.
Mercari Stock Performance
Shares of MCARY stock remained flat at $11.20 during midday trading on Tuesday. 13 shares of the stock were exchanged, compared to its average volume of 2,325. Mercari has a 52 week low of $6.88 and a 52 week high of $15.20. The business’s fifty day moving average price is $13.70 and its 200 day moving average price is $12.77.
Mercari Company Profile
Mercari, Inc operates a mobile-first marketplace that enables individuals and businesses to buy and sell new and used goods. Its platform supports transactions across categories including apparel, electronics, home goods, toys, collectibles and other consumer products, with features for listing, payment and shipping designed to simplify peer-to-peer commerce.
Founded in Japan in 2013 by Shintaro Yamada and colleagues, Mercari has grown from a domestic resale application into a broader commerce ecosystem.
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