What’s Next for METRO INCORPORATED CLASS A SUB V (OTCMKTS:MTRAF) After Having Less Shares Shorted?

February 15, 2018 - By Hazel Jackson

The stock of METRO INCORPORATED CLASS A SUB V (OTCMKTS:MTRAF) registered a decrease of 6.58% in short interest. MTRAF’s total short interest was 2.29M shares in February as published by FINRA. Its down 6.58% from 2.46 million shares, reported previously. With 4,500 shares average volume, it will take short sellers 510 days to cover their MTRAF’s short positions.

It closed at $30.84 lastly. It is down 0.00% since February 15, 2017 and is . It has underperformed by 16.70% the S&P500.

Metro Inc. operates as a retailer and distributor in the food and pharmaceutical sectors in Canada. The company has market cap of $6.96 billion. It operates supermarkets, discount and convenience stores, and food stores that provide grocery products, general merchandise, non-perishable goods, dairy products, fruits and vegetables, meats, frozen foods, bakery and deli products, and pastry and charcutery products, as well as perishable products. It has a 5.07 P/E ratio. The firm also acts as a franchisor and distributor for 184 drugstores owned by independent pharmacists.

More notable recent Metro Inc. (OTCMKTS:MTRAF) news were published by: Seekingalpha.com which released: “Metro Inc. – Canada’s Best Grocery Retailer” on February 05, 2018, also Fool.ca with their article: “3 Reasons Your Portfolio Needs Metro Inc.” published on February 02, 2018, Fool.ca published: “Why Metro, Inc. Should Top Your List of Canadian Grocers for 2018” on January 31, 2018. More interesting news about Metro Inc. (OTCMKTS:MTRAF) were released by: Cbc.ca and their article: “Metro adding self-checkout units and testing Scan-and-Go to deal with wage hikes” published on January 30, 2018 as well as Theglobeandmail.com‘s news article titled: “Metro CEO denies wrongdoing in bread-price-fixing case” with publication date: January 30, 2018.

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