Mercari, Inc. (OTCMKTS:MCARY – Get Free Report) was the target of a significant decline in short interest during the month of February. As of February 13th, there was short interest totaling 566 shares, a decline of 83.2% from the January 29th total of 3,364 shares. Based on an average daily trading volume, of 716 shares, the short-interest ratio is presently 0.8 days. Based on an average daily trading volume, of 716 shares, the short-interest ratio is presently 0.8 days.
Mercari Stock Performance
Shares of MCARY stock traded down $0.07 during trading hours on Thursday, hitting $11.43. 5,910 shares of the company were exchanged, compared to its average volume of 5,014. Mercari has a one year low of $6.85 and a one year high of $11.66. The business’s 50-day simple moving average is $10.37 and its two-hundred day simple moving average is $8.78.
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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