Short Interest in Metro Inc. (OTCMKTS:MTRAF) Drops By 38.4%

Metro Inc. (OTCMKTS:MTRAF) saw a large decline in short interest in the month of December. As of December 31st, there was short interest totalling 415,500 shares, a decline of 38.4% from the December 15th total of 674,900 shares. Based on an average daily trading volume, of 20,300 shares, the short-interest ratio is currently 20.5 days.

Metro Stock Performance

OTCMKTS MTRAF traded up $0.11 during midday trading on Tuesday, hitting $62.61. The company had a trading volume of 299 shares, compared to its average volume of 266. The firm has a fifty day simple moving average of $63.39 and a two-hundred day simple moving average of $61.48. Metro has a fifty-two week low of $50.54 and a fifty-two week 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.