Short Interest in Metropolitan Bank & Trust (OTCMKTS:MTPOF) Rises By 24.4%

Metropolitan Bank & Trust (OTCMKTS:MTPOF) was the target of a large increase in short interest in February. As of February 13th, there was short interest totaling 53,238 shares, an increase of 24.4% from the January 29th total of 42,785 shares. Based on an average daily volume of 4,986 shares, the days-to-cover ratio is currently 10.7 days. Based on an average daily volume of 4,986 shares, the days-to-cover ratio is currently 10.7 days.

Metropolitan Bank & Trust Price Performance

OTCMKTS MTPOF remained flat at $1.39 on Tuesday. The company’s stock had a trading volume of 4,105 shares, compared to its average volume of 4,458. Metropolitan Bank & Trust has a 12-month low of $0.76 and a 12-month high of $1.58. The company has a fifty day moving average price of $1.27 and a 200-day moving average price of $1.23.

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.