Short Interest in Metropolitan Bank & Trust (OTCMKTS:MTPOF) Increases By 36.0%

Metropolitan Bank & Trust (OTCMKTS:MTPOF) was the recipient of a large increase in short interest during the month of December. As of December 31st, there was short interest totaling 5,333 shares, an increase of 36.0% from the December 15th total of 3,920 shares. Based on an average daily volume of 7,781 shares, the days-to-cover ratio is presently 0.7 days. Based on an average daily volume of 7,781 shares, the days-to-cover ratio is presently 0.7 days.

Metropolitan Bank & Trust Stock Performance

OTCMKTS MTPOF opened at $1.30 on Monday. Metropolitan Bank & Trust has a 52 week low of $0.76 and a 52 week high of $1.58. The company has a 50-day moving average price of $1.17 and a two-hundred day moving average price of $1.22.

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.