Woori Financial Group Inc. (NYSE:WF) Sees Large Decrease in Short Interest

Woori Financial Group Inc. (NYSE:WFGet Free Report) was the target of a large decline in short interest in February. As of February 15th, there was short interest totalling 21,000 shares, a decline of 42.1% from the January 31st total of 36,300 shares. Based on an average trading volume of 61,600 shares, the days-to-cover ratio is currently 0.3 days.

Woori Financial Group Stock Up 0.9 %

WF stock traded up $0.31 during trading on Monday, reaching $34.35. The stock had a trading volume of 109,997 shares, compared to its average volume of 62,055. Woori Financial Group has a 1-year low of $28.49 and a 1-year high of $38.05. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.87. The company has a market capitalization of $8.50 billion, a P/E ratio of 4.47, a PEG ratio of 0.77 and a beta of 1.07. The firm has a fifty day moving average price of $33.00 and a 200 day moving average price of $34.46.

Hedge Funds Weigh In On Woori Financial Group

A number of institutional investors have recently added to or reduced their stakes in WF. SBI Securities Co. Ltd. acquired a new position in Woori Financial Group in the 4th quarter worth $25,000. Advisors Preferred LLC acquired a new position in Woori Financial Group in the 4th quarter worth $32,000. Allspring Global Investments Holdings LLC acquired a new position in Woori Financial Group in the 3rd quarter worth $60,000. Venturi Wealth Management LLC lifted its holdings in Woori Financial Group by 2,018.3% in the 3rd quarter. Venturi Wealth Management LLC now owns 2,203 shares of the bank’s stock worth $79,000 after buying an additional 2,099 shares in the last quarter. Finally, Point72 Asset Management L.P. acquired a new position in Woori Financial Group in the 3rd quarter worth $193,000. Institutional investors and hedge funds own 3.41% of the company’s stock.

Woori Financial Group Company Profile

(Get Free Report)

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.

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