Mizuho Financial Group, Inc. (NYSE:MFG) Short Interest Up 366.0% in April

Mizuho Financial Group, Inc. (NYSE:MFG - Get Free Report) saw a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 7,270,000 shares, a growth of 366.0% from the March 31st total of 1,560,000 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 2,740,000 shares, the days-to-cover ratio is presently 2.7 days.

Institutional Trading of Mizuho Financial Group

Hedge funds have recently modified their holdings of the company. Jane Street Group LLC raised its stake in shares of Mizuho Financial Group by 25.3% in the third quarter. Jane Street Group LLC now owns 16,080 shares of the bank's stock valued at $67,000 after purchasing an additional 3,248 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new position in shares of Mizuho Financial Group during the 3rd quarter worth about $25,000. Peapack Gladstone Financial Corp acquired a new stake in shares of Mizuho Financial Group during the 3rd quarter valued at about $108,000. Franklin Resources Inc. raised its position in Mizuho Financial Group by 12.6% in the third quarter. Franklin Resources Inc. now owns 55,231 shares of the bank's stock worth $235,000 after purchasing an additional 6,199 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in Mizuho Financial Group by 90.6% during the third quarter. JPMorgan Chase & Co. now owns 191,434 shares of the bank's stock valued at $800,000 after purchasing an additional 90,984 shares in the last quarter. Institutional investors own 3.26% of the company's stock.

Mizuho Financial Group Price Performance

MFG stock remained flat at $4.95 on Friday. 2,345,390 shares of the company were exchanged, compared to its average volume of 1,695,666. The stock has a market capitalization of $62.35 billion, a price-to-earnings ratio of 12.38, a PEG ratio of 0.76 and a beta of 0.33. Mizuho Financial Group has a fifty-two week low of $3.45 and a fifty-two week high of $6.08. The company has a 50 day simple moving average of $5.32 and a two-hundred day simple moving average of $5.05. The company has a quick ratio of 0.96, a current ratio of 0.97 and a debt-to-equity ratio of 1.39.

Mizuho Financial Group (NYSE:MFG - Get Free Report) last posted its quarterly earnings data on Monday, February 3rd. The bank reported $0.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.10 by $0.05. Mizuho Financial Group had a net margin of 7.85% and a return on equity of 8.56%. As a group, research analysts expect that Mizuho Financial Group will post 0.42 EPS for the current fiscal year.

Mizuho Financial Group Company Profile

Mizuho Financial Group, Inc, together with its subsidiaries, engages in banking, trust, securities, and other businesses related to financial services in Japan, the Americas, Europe, Asia/Oceania, and internationally. It operates through Retail & Business Banking Company, Corporate & Institutional Company, Global Corporate Company, Global Markets Company, Asset Management Company, and Others segments.

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