Mercari, Inc. (OTCMKTS:MCARY – Get Free Report) saw a significant decline in short interest during the month of June. As of June 15th, there was short interest totaling 189 shares, a decline of 34.6% from the May 31st total of 289 shares. Based on an average trading volume of 2,484 shares, the days-to-cover ratio is currently 0.1 days.
Mercari Price Performance
Shares of MCARY opened at $11.55 on Friday. The stock’s fifty day simple moving average is $12.32 and its 200-day simple moving average is $11.34. Mercari has a 12-month low of $6.88 and a 12-month 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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