EMERGE Commerce Ltd. (OTCMKTS:EMCMF) Sees Large Decline in Short Interest

EMERGE Commerce Ltd. (OTCMKTS:EMCMF) saw a significant decline in short interest in April. As of April 30th, there was short interest totaling 61,500 shares, a decline of 70.9% from the April 15th total of 211,500 shares. Based on an average daily volume of 120,909 shares, the days-to-cover ratio is currently 0.5 days.

EMERGE Commerce Price Performance

EMERGE Commerce stock remained flat at C$0.07 during mid-day trading on Friday. The stock has a fifty day moving average of C$0.07 and a 200 day moving average of C$0.07. EMERGE Commerce has a 1-year low of C$0.02 and a 1-year high of C$0.11.

About EMERGE Commerce

Emerge Commerce Ltd. owns and operates a portfolio of e-commerce marketplaces in Canada and the United States. The company's marketplace and subscription e-commerce properties provide pet products, meat/ grocery, and golf products. Its principal operating e-commerce brands include WholesalePet.com, truLOCAL.ca, UnderPar.com, JustGolfStuff.ca, WagJag.com, BeRightBack.ca, BattlBox.com, and CarnivoreClub.co. The company was founded in 2016 and is based in Toronto, Canada.