Short Interest in Woori Financial Group Inc. (NYSE:WF) Drops By 45.2%

Woori Financial Group Inc. (NYSE:WF) was the recipient of a significant decrease in short interest during the month of February. As of February 28th, there was short interest totalling 11,500 shares, a decrease of 45.2% from the February 13th total of 21,000 shares. Based on an average daily volume of 65,900 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the company’s stock are short sold.

Woori Financial Group Stock Up 1.7 %

NYSE WF traded up $0.55 during mid-day trading on Friday, reaching $33.35. 34,505 shares of the company’s stock traded hands, compared to its average volume of 62,235. The company has a fifty day simple moving average of $33.31 and a 200-day simple moving average of $34.21. Woori Financial Group has a 1-year low of $28.49 and a 1-year high of $38.05. The company has a market cap of $8.25 billion, a price-to-earnings ratio of 4.34, a P/E/G ratio of 0.77 and a beta of 1.09. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.87.

Institutional Trading of Woori Financial Group

Hedge funds and other institutional investors have recently made changes to their positions in the stock. SBI Securities Co. Ltd. bought a new position in Woori Financial Group during the 4th quarter valued at $25,000. Advisors Preferred LLC acquired a new position in Woori Financial Group in the fourth quarter worth about $32,000. Venturi Wealth Management LLC increased its holdings in Woori Financial Group by 2,018.3% in the third quarter. Venturi Wealth Management LLC now owns 2,203 shares of the bank’s stock valued at $79,000 after buying an additional 2,099 shares during the last quarter. Point72 Asset Management L.P. acquired a new stake in Woori Financial Group during the third quarter valued at approximately $193,000. Finally, Franklin Resources Inc. acquired a new stake in Woori Financial Group during the third quarter valued at approximately $209,000. Institutional investors own 3.41% of the company’s stock.

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.