Metro Inc. (OTCMKTS:MTRAF) Short Interest Up 20.5% in August

Metro Inc. (OTCMKTS:MTRAF) was the target of a significant increase in short interest during the month of August. As of August 31st, there was short interest totalling 1,772,400 shares, an increase of 20.5% from the August 15th total of 1,471,200 shares. Based on an average trading volume of 23,400 shares, the days-to-cover ratio is currently 75.7 days.

Metro Stock Performance

Shares of MTRAF remained flat at $63.89 during midday trading on Tuesday. The stock had a trading volume of 18 shares, compared to its average volume of 18,626. The business has a 50-day moving average price of $60.38 and a 200-day moving average price of $56.06. Metro has a 1 year low of $49.26 and a 1 year high of $63.89.

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.