Metropolitan Bank & Trust (OTCMKTS:MTPOF) Sees Significant Growth in Short Interest

Metropolitan Bank & Trust (OTCMKTS:MTPOF) was the recipient of a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 13,715 shares, a growth of 225.8% from the August 15th total of 4,209 shares. Based on an average trading volume of 3,803 shares, the short-interest ratio is presently 3.6 days.

Metropolitan Bank & Trust Stock Performance

Shares of MTPOF stock traded down $0.02 during trading hours on Friday, reaching $1.03. The company had a trading volume of 1,432 shares, compared to its average volume of 4,460. The company has a 50 day moving average of $1.12 and a 200 day moving average of $1.15. Metropolitan Bank & Trust has a 1-year low of $0.85 and a 1-year high of $1.53.

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.