Metropolitan Bank & Trust (OTCMKTS:MTPOF) Short Interest Up 408.6% in January

Metropolitan Bank & Trust (OTCMKTS:MTPOFGet Free Report) saw a large growth in short interest in January. As of January 15th, there was short interest totaling 27,125 shares, a growth of 408.6% from the December 31st total of 5,333 shares. Based on an average daily trading volume, of 18,331 shares, the days-to-cover ratio is currently 1.5 days. Based on an average daily trading volume, of 18,331 shares, the days-to-cover ratio is currently 1.5 days.

Metropolitan Bank & Trust Stock Down 6.7%

Shares of OTCMKTS:MTPOF opened at $1.23 on Wednesday. The firm’s 50 day simple moving average is $1.19 and its 200-day simple moving average is $1.22. Metropolitan Bank & Trust has a one year low of $0.76 and a one year high of $1.58.

About Metropolitan Bank & Trust

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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.

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