Mercari, Inc. (OTCMKTS:MCARY – Get Rating) saw a large decline in short interest during the month of May. As of May 15th, there was short interest totalling 23,700 shares, a decline of 56.9% from the April 30th total of 55,000 shares. Based on an average daily volume of 203,200 shares, the days-to-cover ratio is presently 0.1 days.
MCARY stock traded down $0.07 during midday trading on Friday, hitting $7.60. 14,067 shares of the company’s stock were exchanged, compared to its average volume of 60,487. Mercari has a 12-month low of $7.27 and a 12-month high of $31.97. The firm has a 50 day moving average price of $10.16 and a 200-day moving average price of $17.89.
About Mercari (Get Rating)
Further Reading
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