Mercari, Inc. (OTCMKTS:MCARY) Sees Large Increase in Short Interest

Mercari, Inc. (OTCMKTS:MCARY) saw a large growth in short interest in February. As of February 28th, there was short interest totalling 600 shares, a growth of 100.0% from the February 13th total of 300 shares. Based on an average daily volume of 300 shares, the days-to-cover ratio is presently 2.0 days.

Mercari Price Performance

Shares of MCARY stock opened at $8.10 on Friday. The stock’s fifty day simple moving average is $6.70 and its 200 day simple moving average is $7.02. Mercari has a one year low of $4.91 and a one year high of $9.60.

Mercari Company Profile

Mercari, Inc plans, develops, and operates Mercari marketplace applications in Japan and the United States. The company was incorporated in 2013 and is based in Tokyo, Japan.