Metro Inc. (OTCMKTS:MTRAF) Sees Large Drop in Short Interest

Metro Inc. (OTCMKTS:MTRAF) was the recipient of a large decline in short interest in the month of March. As of March 15th, there was short interest totalling 671,200 shares, a decline of 19.6% from the February 28th total of 834,900 shares. Based on an average daily volume of 28,200 shares, the short-interest ratio is presently 23.8 days.

Metro Trading Up 2.0 %

Shares of MTRAF stock traded up $1.38 during mid-day trading on Tuesday, hitting $70.45. 9,483 shares of the stock were exchanged, compared to its average volume of 23,371. Metro has a 52-week low of $50.75 and a 52-week high of $70.45. The firm has a fifty day moving average of $65.29 and a 200 day moving average of $63.49.

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.