Short interest in shares in London-based Metro Bank has risen sharply as investors bet on a share issue, according to data from IHS Markit.
The figures revealed that almost 10 per cent of Metro Bank’s shares are on loan, an increase on the 4.56 per cent reported a year ago. The bank has previously been open about its requirement to increase capital in order to fund its growth ambitions, and is aiming to quadruple its deposit base to more than £50bn by 2023.
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