Metro Inc. (OTCMKTS:MTRAF – Get Free Report) was the target of a large growth in short interest in March. As of March 31st, there was short interest totalling 799,900 shares, a growth of 19.2% from the March 15th total of 671,200 shares. Based on an average daily trading volume, of 14,000 shares, the days-to-cover ratio is presently 57.1 days.
Metro Stock Up 1.8 %
OTCMKTS:MTRAF traded up $1.33 during midday trading on Monday, hitting $73.79. The company had a trading volume of 25,454 shares, compared to its average volume of 25,193. The stock’s fifty day moving average price is $67.54 and its 200-day moving average price is $64.40. Metro has a 52-week low of $50.75 and a 52-week high of $73.79.
Analyst Ratings Changes
Separately, National Bankshares reissued a “sector perform” rating on shares of Metro in a research note on Wednesday, April 2nd.
Metro Company Profile
Metro Inc, through its subsidiaries, operates as a retailer, franchisor, distributor, and manufacturer in the food and pharmaceutical sectors in Canada. The company operates supermarkets, discount, neighborhood, and specialty stores that provide fresh and grocery products, baked goods, prepared food products, meats, dairy products, fruits and vegetables, frozen food products, bakery products, delicatessen items, and pastries.
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