Short Interest in Metropolitan Bank & Trust (OTCMKTS:MTPOF) Rises By 219.9%

Metropolitan Bank & Trust (OTCMKTS:MTPOF) was the target of a large increase in short interest in June. As of June 30th, there was short interest totaling 10,700 shares, an increase of 219.9% from the June 15th total of 3,345 shares. Based on an average daily volume of 4,119 shares, the short-interest ratio is presently 2.6 days.

Metropolitan Bank & Trust Price Performance

Shares of OTCMKTS:MTPOF traded up $0.03 during trading on Monday, hitting $1.08. 1,469 shares of the stock traded hands, compared to its average volume of 5,053. Metropolitan Bank & Trust has a 52-week low of $0.76 and a 52-week high of $1.53. The company has a fifty day moving average price of $1.12 and a two-hundred day moving average price of $1.19.

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.