Short Interest in MetroCity Bankshares, Inc. (NASDAQ:MCBS) Increases By 23.1%

18 Apr 2026, 17:42 by Tristan Rich · The Markets Daily

MetroCity Bankshares, Inc. (NASDAQ:MCBS – Get Free Report) was the target of a large growth in short interest during the month of March. As of March 31st, there was short interest totaling 392,881 shares, a growth of 23.1% from the March 15th total of 319,195 shares. Based on an average daily volume of 169,771 shares, the days-to-cover ratio is currently 2.3 days. Approximately 1.9% of the shares of the company are sold short.

Analysts Set New Price Targets

Several brokerages have issued reports on MCBS. Keefe, Bruyette & Woods raised their price target on MetroCity Bankshares from $32.00 to $33.00 and gave the company a “market perform” rating in a report on Thursday, April 9th. Weiss Ratings raised MetroCity Bankshares from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, February 18th. Finally, Wall Street Zen downgraded MetroCity Bankshares from a “buy” rating to a “hold” rating in a report on Saturday, April 11th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $33.00.

View Our Latest Research Report on MCBS

MetroCity Bankshares Stock Performance

Shares of MCBS traded up $1.08 during midday trading on Friday, reaching $32.66. 153,085 shares of the stock were exchanged, compared to its average volume of 135,701. MetroCity Bankshares has a twelve month low of $24.53 and a twelve month high of $33.08. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.94. The company has a market cap of $938.98 million, a P/E ratio of 12.42 and a beta of 0.68. The stock’s 50 day simple moving average is $29.12 and its 200 day simple moving average is $27.72.

MetroCity Bankshares (NASDAQ:MCBS – Get Free Report) last issued its quarterly earnings results on Friday, January 30th. The company reported $0.68 EPS for the quarter, missing analysts’ consensus estimates of $0.73 by ($0.05). MetroCity Bankshares had a return on equity of 14.82% and a net margin of 27.93%.The company had revenue of $43.74 million during the quarter, compared to the consensus estimate of $44.50 million.

MetroCity Bankshares Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 8th. Investors of record on Wednesday, April 29th will be given a $0.29 dividend. The ex-dividend date is Wednesday, April 29th. This is an increase from MetroCity Bankshares’s previous quarterly dividend of $0.25. This represents a $1.16 dividend on an annualized basis and a dividend yield of 3.6%. MetroCity Bankshares’s dividend payout ratio (DPR) is 38.02%.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. increased its position in shares of MetroCity Bankshares by 0.3% in the third quarter. Vanguard Group Inc. now owns 1,056,382 shares of the company’s stock worth $29,251,000 after purchasing an additional 3,580 shares during the period. Dimensional Fund Advisors LP increased its position in shares of MetroCity Bankshares by 3.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 477,079 shares of the company’s stock worth $12,662,000 after purchasing an additional 16,409 shares during the period. State Street Corp increased its position in shares of MetroCity Bankshares by 1.3% in the fourth quarter. State Street Corp now owns 445,316 shares of the company’s stock worth $11,819,000 after purchasing an additional 5,543 shares during the period. HoldCo Asset Management LP bought a new position in shares of MetroCity Bankshares in the fourth quarter worth $2,671,000. Finally, Goldman Sachs Group Inc. grew its position in MetroCity Bankshares by 122.0% in the fourth quarter. Goldman Sachs Group Inc. now owns 67,996 shares of the company’s stock valued at $1,805,000 after acquiring an additional 37,372 shares during the last quarter. Institutional investors own 25.33% of the company’s stock.

MetroCity Bankshares Company Profile

(Get Free Report)

MetroCity Bankshares, Inc is a bank holding company headquartered in Houston, Texas. Through its wholly owned subsidiary, MetroCity Bank, the company provides a range of banking and financial services to individuals and businesses. MetroCity Bankshares focuses on community banking, leveraging local expertise to support the financial needs of the greater Houston metropolitan area.