Mercari, Inc. (OTCMKTS:MCARY – Get Free Report) was the target of a significant drop in short interest in September. As of September 15th, there was short interest totalling 600 shares, a drop of 33.3% from the August 31st total of 900 shares. Based on an average daily trading volume, of 1,300 shares, the days-to-cover ratio is presently 0.5 days.
Mercari Price Performance
OTCMKTS MCARY traded up $0.43 during mid-day trading on Friday, reaching $9.45. 402 shares of the company’s stock traded hands, compared to its average volume of 2,186. Mercari has a 1-year low of $5.49 and a 1-year high of $11.46. The company has a fifty day simple moving average of $7.68 and a 200-day simple moving average of $6.77.
About Mercari
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