Woori Financial Group Inc. (NYSE:WF) Short Interest Up 24.7% in September

Woori Financial Group Inc. (NYSE:WF - Get Free Report) was the target of a significant increase in short interest in September. As of September 15th, there was short interest totalling 119,800 shares, an increase of 24.7% from the August 31st total of 96,100 shares. Based on an average daily trading volume, of 72,900 shares, the days-to-cover ratio is presently 1.6 days.

Woori Financial Group Stock Performance

Shares of NYSE:WF traded down $0.73 during trading on Friday, hitting $36.71. 58,393 shares of the stock were exchanged, compared to its average volume of 58,233. The company has a market capitalization of $9.09 billion, a price-to-earnings ratio of 5.15, a price-to-earnings-growth ratio of 0.43 and a beta of 1.05. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.12 and a current ratio of 0.12. Woori Financial Group has a 1-year low of $26.13 and a 1-year high of $38.05. The company's fifty day simple moving average is $35.07 and its 200-day simple moving average is $33.01.

Woori Financial Group (NYSE:WF - Get Free Report) last posted its quarterly earnings results on Wednesday, August 14th. The bank reported $2.53 earnings per share for the quarter, topping analysts' consensus estimates of $2.18 by $0.35. The firm had revenue of $2.06 billion for the quarter. Woori Financial Group had a net margin of 11.48% and a return on equity of 7.86%. Sell-side analysts expect that Woori Financial Group will post 8.21 EPS for the current fiscal year.

Institutional Trading of Woori Financial Group

Several institutional investors have recently made changes to their positions in WF. Acadian Asset Management LLC lifted its stake in Woori Financial Group by 149.6% during the first quarter. Acadian Asset Management LLC now owns 53,018 shares of the bank's stock worth $1,719,000 after purchasing an additional 31,781 shares during the period. Natixis Advisors LLC boosted its stake in Woori Financial Group by 28.0% in the 2nd quarter. Natixis Advisors LLC now owns 18,381 shares of the bank's stock valued at $589,000 after buying an additional 4,019 shares in the last quarter. Parallel Advisors LLC grew its position in Woori Financial Group by 19.7% in the fourth quarter. Parallel Advisors LLC now owns 10,430 shares of the bank's stock valued at $315,000 after acquiring an additional 1,713 shares during the period. Summit Global Investments acquired a new position in Woori Financial Group during the second quarter worth $931,000. Finally, Sivia Capital Partners LLC bought a new position in shares of Woori Financial Group during the fourth quarter valued at $263,000. 17.79% of the stock is currently owned by institutional investors and hedge funds.

Woori Financial Group Company Profile

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.