Woori Financial Group Inc. (NYSE:WF) Sees Significant Growth in Short Interest

Woori Financial Group Inc. (NYSE:WF) was the target of a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 18,200 shares, a growth of 58.3% from the February 28th total of 11,500 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 60,100 shares, the short-interest ratio is presently 0.3 days.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. Cerity Partners LLC raised its stake in Woori Financial Group by 112.0% during the third quarter. Cerity Partners LLC now owns 42,015 shares of the bank’s stock valued at $1,501,000 after buying an additional 22,196 shares during the last quarter. FMR LLC increased its stake in Woori Financial Group by 34.7% during the 3rd quarter. FMR LLC now owns 35,164 shares of the bank’s stock valued at $1,256,000 after purchasing an additional 9,060 shares in the last quarter. BNP Paribas Financial Markets raised its holdings in Woori Financial Group by 38.1% in the third quarter. BNP Paribas Financial Markets now owns 42,599 shares of the bank’s stock worth $1,522,000 after buying an additional 11,742 shares during the last quarter. Townsquare Capital LLC bought a new position in shares of Woori Financial Group in the third quarter worth approximately $232,000. Finally, Centiva Capital LP purchased a new stake in shares of Woori Financial Group during the third quarter valued at approximately $222,000. 3.41% of the stock is currently owned by institutional investors.

Woori Financial Group Trading Down 1.8 %

Shares of WF traded down $0.59 during mid-day trading on Friday, hitting $33.14. 51,919 shares of the company’s stock traded hands, compared to its average volume of 62,152. 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 firm has a market capitalization of $8.20 billion, a P/E ratio of 4.31, a PEG ratio of 0.77 and a beta of 1.09. The business’s 50-day moving average price is $33.75 and its 200-day moving average price is $34.09. Woori Financial Group has a 1 year low of $28.49 and a 1 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.