Woori Financial Group Inc. (NYSE:WF) Short Interest Update

Woori Financial Group Inc. (NYSE:WF) saw a significant increase in short interest in the month of October. As of October 15th, there was short interest totalling 77,600 shares, an increase of 58.4% from the September 30th total of 49,000 shares. Based on an average daily volume of 71,700 shares, the days-to-cover ratio is presently 1.1 days.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Acadian Asset Management LLC lifted its stake in shares of Woori Financial Group by 149.6% in the first quarter. Acadian Asset Management LLC now owns 53,018 shares of the bank’s stock valued at $1,719,000 after buying an additional 31,781 shares during the period. Renaissance Technologies LLC raised its stake in shares of Woori Financial Group by 108.9% in the second quarter. Renaissance Technologies LLC now owns 63,300 shares of the bank’s stock valued at $2,028,000 after purchasing an additional 33,000 shares in the last quarter. Natixis Advisors LLC lifted its position in Woori Financial Group by 28.0% in the second quarter. Natixis Advisors LLC now owns 18,381 shares of the bank’s stock worth $589,000 after purchasing an additional 4,019 shares during the period. Creative Planning boosted its stake in Woori Financial Group by 15.0% during the second quarter. Creative Planning now owns 120,380 shares of the bank’s stock worth $3,857,000 after buying an additional 15,741 shares in the last quarter. Finally, Summit Global Investments bought a new stake in Woori Financial Group in the 2nd quarter valued at $931,000. 17.79% of the stock is currently owned by institutional investors and hedge funds.

Woori Financial Group Stock Performance

WF traded up $0.57 during trading on Friday, hitting $36.79. The stock had a trading volume of 48,134 shares, compared to its average volume of 58,362. The firm has a market cap of $9.11 billion, a PE ratio of 5.16, a P/E/G ratio of 0.43 and a beta of 1.05. The company has a current ratio of 0.12, a quick ratio of 0.12 and a debt-to-equity ratio of 0.86. Woori Financial Group has a 12 month low of $26.16 and a 12 month high of $38.05. The company has a 50 day simple moving average of $36.10 and a 200-day simple moving average of $33.37.

Woori Financial Group (NYSE:WF) last issued its quarterly earnings results on Wednesday, August 14th. The bank reported $2.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.18 by $0.35. Woori Financial Group had a return on equity of 7.86% and a net margin of 11.48%. The company had revenue of $2.06 billion for the quarter. Analysts expect that Woori Financial Group will post 8.21 EPS for the current year.

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.