Short Interest in Woori Financial Group Inc. (NYSE:WF) Decreases By 44.3%

Woori Financial Group Inc. (NYSE:WF) was the target of a significant decrease in short interest in November. As of November 15th, there was short interest totalling 43,800 shares, a decrease of 44.3% from the October 31st total of 78,700 shares. Based on an average daily trading volume, of 66,800 shares, the days-to-cover ratio is presently 0.7 days.

Institutional Investors Weigh In On Woori Financial Group

A number of institutional investors have recently added to or reduced their stakes in the company. Connor Clark & Lunn Investment Management Ltd. boosted its stake in shares of Woori Financial Group by 79.6% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 537,402 shares of the bank’s stock worth $19,201,000 after buying an additional 238,131 shares during the last quarter. CWA Asset Management Group LLC purchased a new position in Woori Financial Group in the third quarter worth $3,046,000. Acadian Asset Management LLC grew its stake in Woori Financial Group by 78.3% in the 2nd quarter. Acadian Asset Management LLC now owns 94,538 shares of the bank’s stock valued at $3,026,000 after purchasing an additional 41,520 shares during the period. Creative Planning grew its stake in Woori Financial Group by 29.4% in the 3rd quarter. Creative Planning now owns 155,822 shares of the bank’s stock valued at $5,568,000 after purchasing an additional 35,442 shares during the period. Finally, B. Metzler seel. Sohn & Co. Holding AG purchased a new stake in shares of Woori Financial Group during the 3rd quarter valued at $1,238,000. 17.79% of the stock is owned by institutional investors.

Woori Financial Group Stock Up 1.5 %

NYSE:WF traded up $0.53 during trading hours on Thursday, hitting $35.99. 45,011 shares of the company traded hands, compared to its average volume of 58,296. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.87. The company has a market cap of $8.91 billion, a PE ratio of 4.68, a PEG ratio of 0.37 and a beta of 1.06. The firm’s 50-day simple moving average is $35.41 and its 200-day simple moving average is $34.02. Woori Financial Group has a one year low of $27.60 and a one year high of $38.05.

Woori Financial Group Company Profile

Woori Financial Group Inc, a financial holding company, operates as a commercial bank that provides a range of financial products and services to individuals, corporations, and small- and medium-sized enterprises in Korea. It operates through Banking, Credit Card, Capital, Investment Banking, and Others segments.