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

Metropolitan Bank & Trust (OTCMKTS:MTPOFGet Free Report) was the recipient 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 trading volume of 4,119 shares, the short-interest ratio is currently 2.6 days.

Metropolitan Bank & Trust Price Performance

Metropolitan Bank & Trust stock traded up $0.03 during mid-day trading on Monday, reaching $1.08. 1,469 shares of the company’s stock were exchanged, compared to its average volume of 5,053. The company has a fifty day moving average of $1.12 and a 200-day moving average of $1.19. Metropolitan Bank & Trust has a twelve month low of $0.76 and a twelve month high of $1.53.

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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