Mercari, Inc. (OTCMKTS:MCARY – Get Free Report) saw a large growth in short interest in September. As of September 30th, there was short interest totaling 126 shares, a growth of 404.0% from the September 15th total of 25 shares. Based on an average trading volume of 495 shares, the days-to-cover ratio is currently 0.3 days.
Mercari Trading Up 4.4%
OTCMKTS:MCARY traded up $0.49 on Friday, hitting $11.69. 401 shares of the company’s stock were exchanged, compared to its average volume of 2,291. The firm has a 50-day moving average price of $13.15 and a 200-day moving average price of $12.78. Mercari has a 52 week low of $6.88 and a 52 week high of $15.20.
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.
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