Metropolitan Bank & Trust (OTCMKTS:MTPOF) Sees Large Increase in Short Interest

Metropolitan Bank & Trust (OTCMKTS:MTPOF) was the target of a large increase in short interest in May. As of May 15th, there was short interest totaling 1,823 shares, an increase of ∞ from the April 30th total of 0 shares. Based on an average trading volume of 8,875 shares, the short-interest ratio is presently 0.2 days.

Metropolitan Bank & Trust Price Performance

OTCMKTS MTPOF traded down $0.12 during trading hours on Wednesday, hitting $1.02. The company had a trading volume of 1,727 shares, compared to its average volume of 5,551. Metropolitan Bank & Trust has a fifty-two week low of $0.76 and a fifty-two week high of $1.53. The business has a fifty day simple moving average of $1.14 and a 200-day simple moving average of $1.19.

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.