Mercari, Inc. (OTCMKTS:MCARY – Get Free Report) was the target of a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 189 shares, a drop of 34.6% from the May 31st total of 289 shares. Based on an average trading volume of 2,484 shares, the short-interest ratio is currently 0.1 days.
Mercari Stock Performance
OTCMKTS:MCARY opened at $11.55 on Thursday. The firm’s 50-day moving average is $12.34 and its 200-day moving average is $11.32. Mercari has a 52-week low of $6.88 and a 52-week high of $13.36.
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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