Short Interest in Metropolitan Bank & Trust (OTCMKTS:MTPOF) Increases By 63.4%

Metropolitan Bank & Trust (OTCMKTS:MTPOFGet Free Report) saw a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 2,978 shares, a growth of 63.4% from the May 14th total of 1,823 shares. Based on an average daily volume of 6,353 shares, the days-to-cover ratio is currently 0.5 days.

Metropolitan Bank & Trust Stock Down 4.0%

Shares of OTCMKTS:MTPOF opened at $1.19 on Wednesday. Metropolitan Bank & Trust has a twelve month low of $0.76 and a twelve month high of $1.53. The stock’s 50 day moving average is $1.13 and its 200-day moving average is $1.19.

Metropolitan Bank & Trust Company Profile

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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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