Metropolitan Bank Holding Corp (NYSE:MCB) Shorted Shares Increased 120.41% After Market Selling

May 10, 2018 - By sdfsdfsdf

The stock of Metropolitan Bank Holding Corp (NYSE:MCB) registered an increase of 120.41% in short interest. MCB’s total short interest was 194,400 shares in May as published by FINRA. Its up 120.41% from 88,200 shares, reported previously. With 45,000 shares average volume, it will take short sellers 4 days to cover their MCB’s short positions. The short interest to Metropolitan Bank Holding Corp’s float is 4.24%.

The stock increased 0.25% or $0.12 during the last trading session, reaching $48.85. About 72,683 shares traded or 98.07% up from the average. Metropolitan Bank Holding Corp. (NYSE:MCB) has 0.00% since May 10, 2017 and is . It has underperformed by 11.55% the S&P500.

Metropolitan Bank Holding Corp. operates as the bank holding firm for Metropolitan Commercial Bank that provides a range of business, commercial, and retail banking services and products to small businesses, middle-market enterprises, public entities, and individuals in the New York metropolitan area. The company has market cap of $403.19 million. It offers checking, savings, term deposit, and money market accounts, as well as certificates of deposit. It has a 20.88 P/E ratio. The firm also provides lending products, including commercial real estate, multifamily, construction, and one- to four-family residential loans; commercial and industrial loans; commercial and industrial loans, such as term loans and revolving lines of credit; commercial mortgages; and consumer loans.

More news for Metropolitan Bank Holding Corp. (NYSE:MCB) were recently published by: Seekingalpha.com, which released: “Bright Lights On Capitalist Woodstock, Tech Developers And Sports Betting” on May 05, 2018. Businesswire.com‘s article titled: “Metropolitan Bank Holding Corp. Names Scott Lublin Chief Lending Officer” and published on April 30, 2018 is yet another important article.

Metropolitan Bank Holding Corp. (NYSE:MCB) Ratings Chart

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