Short Interest in Metropolitan Bank & Trust (OTCMKTS:MTPOF) Increases By 225.8%

Metropolitan Bank & Trust (OTCMKTS:MTPOF) saw a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 13,715 shares, an increase of 225.8% from the August 15th total of 4,209 shares. Based on an average daily volume of 3,803 shares, the short-interest ratio is presently 3.6 days.

Metropolitan Bank & Trust Stock Down 2.2%

Metropolitan Bank & Trust stock traded down $0.02 during mid-day trading on Friday, reaching $1.03. The company’s stock had a trading volume of 1,432 shares, compared to its average volume of 4,460. Metropolitan Bank & Trust has a 12-month low of $0.85 and a 12-month high of $1.53. The firm’s fifty day moving average price is $1.12 and its two-hundred day moving average price is $1.15.

Metropolitan Bank & Trust Company Profile

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.