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

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

Metro Stock Down 3.6 %

Shares of MTRAF traded down $2.27 during trading hours on Wednesday, hitting $61.30. The company had a trading volume of 416 shares, compared to its average volume of 362. Metro has a 52-week low of $50.75 and a 52-week high of $67.07. The stock’s 50 day moving average price is $63.69 and its 200 day moving average price is $61.91.

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.