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

Metro Inc. (OTCMKTS:MTRAF) saw a significant decrease in short interest during the month of December. As of December 15th, there was short interest totalling 674,900 shares, a decrease of 35.2% from the November 30th total of 1,042,100 shares. Based on an average daily volume of 17,500 shares, the days-to-cover ratio is currently 38.6 days.

Metro Stock Performance

OTCMKTS MTRAF traded up $0.04 on Monday, reaching $63.18. The stock had a trading volume of 642 shares, compared to its average volume of 15,535. The firm has a fifty day moving average of $62.77 and a two-hundred day moving average of $60.82. Metro has a 1-year low of $50.54 and a 1-year high of $67.07.

Metro Company Profile

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.