Metro Inc. (OTCMKTS:MTRAF) Sees Significant Growth in Short Interest

Metro Inc. (OTCMKTS:MTRAF) was the recipient of a large increase in short interest in February. As of February 15th, there was short interest totalling 913,900 shares, an increase of 68.4% from the January 31st total of 542,700 shares. Based on an average trading volume of 25,600 shares, the short-interest ratio is presently 35.7 days.

Metro Stock Performance

Shares of MTRAF traded up $0.45 during trading hours on Friday, reaching $66.27. 92,935 shares of the company’s stock traded hands, compared to its average volume of 24,926. Metro has a 12 month low of $50.75 and a 12 month high of $67.35. The firm’s 50 day simple moving average is $63.80 and its 200-day simple moving average is $62.90.

About Metro

Metro Inc, through its subsidiaries, operates as a retailer, franchisor, distributor, and manufacturer in the food and pharmaceutical sectors in Canada. The company operates supermarkets, discount, neighborhood, and specialty stores that provide fresh and grocery products, baked goods, prepared food products, meats, dairy products, fruits and vegetables, frozen food products, bakery products, delicatessen items, and pastries.