Metro AG (OTCMKTS:MTTWF) Sees Large Increase in Short Interest

Metro AG (OTCMKTS:MTTWF) was the target of a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 2,400 shares, an increase of 380.0% from the February 28th total of 500 shares. Based on an average daily trading volume, of 4,000 shares, the short-interest ratio is presently 0.6 days.

Metro Price Performance

OTCMKTS:MTTWF remained flat at $5.45 during midday trading on Friday. Metro has a 1-year low of $4.64 and a 1-year high of $7.45. The stock’s 50 day simple moving average is $5.07 and its 200-day simple moving average is $5.19.

Metro Company Profile

Metro AG operates as a food wholesale company in Germany and internationally. It operates bricks-and-mortar wholesale stores and delivery depots under the METRO, MAKRO, Classic Fine Foods, Pro à Pro, Aviludo, Pro a Pro Spain, Johan i Hallen & Bergfalk, and Rungis Express brand names serving hotels, restaurants, bars, cafés, catering companies, canteen operators, small grocery stores, and kiosks in Europe, Russia, and Asia, as well as online marketplace METRO MARKETS.