Mercari, Inc. (OTCMKTS:MCARY – Get Free Report) saw a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 126 shares, an increase of 404.0% from the September 15th total of 25 shares. Based on an average trading volume of 495 shares, the short-interest ratio is presently 0.3 days.
Mercari Trading Up 4.4%
OTCMKTS:MCARY traded up $0.49 during mid-day trading on Friday, hitting $11.69. The stock had a trading volume of 401 shares, compared to its average volume of 2,291. Mercari has a 52 week low of $6.88 and a 52 week high of $15.20. The company has a 50 day simple moving average of $13.15 and a 200-day simple moving average of $12.78.
About Mercari
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.
See Also
- Five stocks we like better than Mercari
- 3 Unique ETFs With Strong Momentum for the End of the Year
- 3 Beaten-Down Biotech Stocks With Triple-Digit Upside and Big Catalysts Ahead
- Schneider Just Paid Up for PTC—Is the SaaSpocalypse Overdone?
- Delta Air Lines Faces a Fuel Crisis—But There’s a Silver Lining
Receive News & Ratings for Mercari Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mercari and related companies with MarketBeat.com's FREE daily email newsletter.
