MetroCity Bankshares, Inc. (NASDAQ:MCBS) Short Interest Down 17.0% in January

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MetroCity Bankshares (NASDAQ:MCBS) saw a significant 17.0% decrease in short interest in January, reaching 231,377 shares, representing 1.3% of its outstanding shares. Despite missing Q4 earnings and revenue expectations, analysts maintain a “Hold” rating with a consensus price target of $31.00. The company recently paid a quarterly dividend of $0.25, offering a 3.4% yield with a payout ratio of 38.02%.

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