Woori Financial Group Inc. (NYSE:WF) Short Interest Up 24.2% in March

Woori Financial Group Inc. (NYSE:WF) was the target of a large increase in short interest in the month of March. As of March 31st, there was short interest totalling 22,600 shares, an increase of 24.2% from the March 15th total of 18,200 shares. Based on an average trading volume of 61,300 shares, the short-interest ratio is currently 0.4 days. Currently, 0.0% of the shares of the company are short sold.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. SBI Securities Co. Ltd. acquired a new position in Woori Financial Group in the 4th quarter worth about $25,000. Advisors Preferred LLC bought a new position in Woori Financial Group in the 4th quarter valued at approximately $32,000. Optas LLC acquired a new stake in Woori Financial Group during the 1st quarter worth approximately $203,000. Franklin Resources Inc. bought a new stake in Woori Financial Group during the 3rd quarter worth approximately $209,000. Finally, Foster Group Inc. acquired a new position in Woori Financial Group in the 1st quarter valued at approximately $221,000. 3.41% of the stock is owned by institutional investors.

Woori Financial Group Stock Performance

Shares of WF traded up $0.68 during midday trading on Monday, reaching $35.42. 87,477 shares of the stock were exchanged, compared to its average volume of 64,003. 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 stock’s 50 day simple moving average is $33.89 and its 200 day simple moving average is $33.79. Woori Financial Group has a twelve month low of $29.44 and a twelve month high of $38.05. The company has a market cap of $8.77 billion, a P/E ratio of 4.61, a PEG ratio of 0.77 and a beta of 0.98.

About Woori Financial Group

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.