Mercari, Inc. (OTCMKTS:MCARY – Get Free Report) was the recipient of a large decrease in short interest in July. As of July 31st, there was short interest totaling 82 shares, a decrease of 69.4% from the July 15th total of 268 shares. Based on an average daily trading volume, of 119 shares, the days-to-cover ratio is currently 0.7 days.
Mercari Price Performance
Mercari stock opened at $14.00 on Thursday. Mercari has a fifty-two week low of $6.88 and a fifty-two week high of $14.57. The stock has a fifty day moving average of $13.14 and a two-hundred day moving average of $12.19.
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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