Mizuho Financial Group, Inc. (NYSE:MFG) Sees Significant Increase in Short Interest

Mizuho Financial Group, Inc. (NYSE:MFG - Get Free Report) saw a significant increase in short interest in March. As of March 15th, there was short interest totalling 1,950,000 shares, an increase of 53.5% from the February 28th total of 1,270,000 shares. Currently, 0.0% of the company's stock are short sold. Based on an average trading volume of 1,390,000 shares, the short-interest ratio is presently 1.4 days.

Mizuho Financial Group Stock Down 7.9 %

Shares of MFG stock traded down $0.43 during trading hours on Thursday, reaching $5.01. 1,575,236 shares of the company's stock were exchanged, compared to its average volume of 1,355,924. Mizuho Financial Group has a fifty-two week low of $3.45 and a fifty-two week high of $6.08. The stock's 50 day moving average is $5.63 and its 200-day moving average is $4.98. The company has a current ratio of 0.97, a quick ratio of 0.96 and a debt-to-equity ratio of 1.39. The company has a market cap of $63.49 billion, a price-to-earnings ratio of 12.53, a P/E/G ratio of 0.76 and a beta of 0.39.

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

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Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Charles Schwab Investment Management Inc. raised its holdings in Mizuho Financial Group by 11.8% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 793,629 shares of the bank's stock worth $3,317,000 after purchasing an additional 83,655 shares during the period. Cerity Partners LLC grew its stake in Mizuho Financial Group by 43.8% in the 3rd quarter. Cerity Partners LLC now owns 657,915 shares of the bank's stock valued at $2,750,000 after acquiring an additional 200,318 shares during the period. Fisher Asset Management LLC acquired a new stake in Mizuho Financial Group in the 3rd quarter valued at $1,049,000. FMR LLC raised its position in Mizuho Financial Group by 31.0% during the third quarter. FMR LLC now owns 17,622,960 shares of the bank's stock worth $73,664,000 after acquiring an additional 4,167,234 shares during the period. Finally, BNP Paribas Financial Markets raised its position in Mizuho Financial Group by 84.2% during the third quarter. BNP Paribas Financial Markets now owns 84,643 shares of the bank's stock worth $354,000 after acquiring an additional 38,685 shares during the period. Institutional investors and hedge funds own 3.26% of the company's stock.

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.