Mercari, Inc. (OTCMKTS:MCARY) Stock Short Interest Declines 65.3%
by Doug Wharley · The Cerbat GemMercari, Inc. (OTCMKTS:MCARY – Get Free Report) was the target of a significant decline in short interest in the month of September. As of September 15th, there was short interest totaling 25 shares, a decline of 65.3% from the August 31st total of 72 shares. Based on an average daily volume of 80 shares, the short-interest ratio is currently 0.3 days.
Mercari Stock Performance
Shares of OTCMKTS MCARY remained flat at $11.20 during trading hours on Friday. The firm has a 50 day simple moving average of $13.76 and a two-hundred day simple moving average of $12.76. Mercari has a 1 year low of $6.88 and a 1 year high of $15.20.
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.