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

Woori Financial Group Inc. (NYSE:WF) was the recipient of a significant decrease in short interest in 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. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 65,900 shares, the days-to-cover ratio is presently 0.2 days.

Woori Financial Group Price Performance

Shares of NYSE WF traded up $0.52 during midday trading on Friday, reaching $33.32. 25,162 shares of the company traded hands, compared to its average volume of 62,010. The stock’s 50-day simple moving average is $33.27 and its 200-day simple moving average is $34.28. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.09 and a current ratio of 1.09. Woori Financial Group has a 12 month low of $28.49 and a 12 month high of $38.05. The firm has a market cap of $8.25 billion, a PE ratio of 4.33, a PEG ratio of 0.77 and a beta of 1.09.

Hedge Funds Weigh In On Woori Financial Group

Several institutional investors have recently bought and sold shares of WF. SBI Securities Co. Ltd. acquired a new position in Woori Financial Group during the 4th quarter valued at about $25,000. Advisors Preferred LLC bought a new position in Woori Financial Group in the fourth quarter valued at approximately $32,000. Venturi Wealth Management LLC grew its holdings in Woori Financial Group by 2,018.3% during the 3rd quarter. Venturi Wealth Management LLC now owns 2,203 shares of the bank’s stock worth $79,000 after acquiring an additional 2,099 shares during the period. Point72 Asset Management L.P. bought a new stake in shares of Woori Financial Group during the 3rd quarter valued at $193,000. Finally, Franklin Resources Inc. acquired a new position in shares of Woori Financial Group in the 3rd quarter valued at $209,000. Institutional investors own 3.41% of the company’s stock.

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.