Short interest in MercadoLibre Inc (NASDAQ:MELI) increased during the last reporting period, rising from 663.11K to 697.12K. This put 1.67% of the company's publicly available shares short.

Short interest for MercadoLibre gives investors a sense of the degree to which investors are betting on the decline of MercadoLibre's stock. Short interest data is updated every two weeks.

Based on the recent average volume of 439.67K shares traded per day, it would take 1.59 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.