Mercari, Inc. (OTCMKTS:MCARY – Get Free Report) saw a significant increase in short interest in the month of April. As of April 30th, there was short interest totaling 189 shares, an increase of 894.7% from the April 15th total of 19 shares. Based on an average daily volume of 78 shares, the short-interest ratio is presently 2.4 days.
Mercari Stock Performance
Shares of OTCMKTS MCARY remained flat at $12.26 during midday trading on Wednesday. The business has a 50-day moving average of $11.66 and a two-hundred day moving average of $10.23. Mercari has a 52 week low of $6.85 and a 52 week high of $12.55.
Mercari Company Profile
Mercari, Inc (OTCMKTS:MCARY) is a Japan-based e-commerce company that operates a peer-to-peer marketplace platform, enabling individuals to list, buy and sell used and new items via its mobile application and website. The platform accommodates a wide range of categories, including fashion, electronics, home goods and collectibles, and integrates payment processing and shipping coordination to streamline transactions for users.
Founded in February 2013 by Shintaro Yamada, Mercari quickly gained traction in its domestic market and went public on the Tokyo Stock Exchange in June 2018.
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