Mercari, Inc. (OTCMKTS:MCARY – Get Free Report) was the recipient of a significant growth in short interest during the month of 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 volume of 3,347 shares, the days-to-cover ratio is presently 0.7 days.
Mercari Price Performance
OTCMKTS:MCARY remained flat at $13.65 during mid-day trading on Friday. The stock has a fifty day simple moving average of $12.46 and a two-hundred day simple moving average of $11.49. Mercari has a 52-week low of $6.88 and a 52-week high of $13.65.
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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