Mercari, Inc. (OTCMKTS:MCARY – Get Free Report) was the target of a large growth in short interest in June. As of June 30th, there was short interest totaling 2,280 shares, a growth of 1,106.3% from the June 15th total of 189 shares. Based on an average daily trading volume, of 3,347 shares, the short-interest ratio is currently 0.7 days.
Mercari Price Performance
OTCMKTS MCARY remained flat at $13.65 during trading hours on Friday. The firm has a fifty day moving average of $12.46 and a 200 day moving average of $11.49. Mercari has a one year low of $6.88 and a one year high of $13.65.
About Mercari
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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