Metropolitan Bank & Trust (OTCMKTS:MTPOF) Short Interest Up 57.7% in January

Metropolitan Bank & Trust (OTCMKTS:MTPOF) saw a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 42,785 shares, a growth of 57.7% from the January 15th total of 27,125 shares. Based on an average daily trading volume, of 6,929 shares, the short-interest ratio is currently 6.2 days. Based on an average daily trading volume, of 6,929 shares, the short-interest ratio is currently 6.2 days.

Metropolitan Bank & Trust Price Performance

Shares of Metropolitan Bank & Trust stock opened at $1.37 on Friday. The business’s 50 day simple moving average is $1.22 and its 200 day simple moving average is $1.22. Metropolitan Bank & Trust has a 52-week low of $0.76 and a 52-week high of $1.58.

About Metropolitan Bank & Trust

Metropolitan Bank & Trust Company, commonly known as Metrobank, is a leading universal bank in the Philippines offering a full range of financial products and services to individual, corporate and institutional clients. The bank’s core activities include deposit-taking, consumer and commercial lending, cash management, trade finance, treasury and foreign exchange services. Through its digital banking platforms and extensive branch network, Metrobank provides retail banking, wealth management, payment solutions, remittance services and electronic banking to meet the evolving needs of its diverse client base.

Founded in 1962 by Dr.