Metro Inc. (OTCMKTS:MTRAF) Short Interest Down 19.6% in March

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

Metro Stock Performance

Metro stock opened at $70.45 on Wednesday. The firm’s 50 day moving average price is $65.44 and its two-hundred day moving average price is $63.53. Metro has a 1 year low of $50.75 and a 1 year high of $70.45.

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.