Woori Financial Group Inc. (NYSE:WF) Short Interest Update

Woori Financial Group Inc. (NYSE:WF - Get Free Report) was the target of a significant increase in short interest in the month of October. As of October 15th, there was short interest totalling 77,600 shares, an increase of 58.4% from the September 30th total of 49,000 shares. Based on an average daily volume of 71,700 shares, the short-interest ratio is presently 1.1 days.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of WF. Allspring Global Investments Holdings LLC acquired a new position in Woori Financial Group in the third quarter valued at about $60,000. GAMMA Investing LLC grew its position in shares of Woori Financial Group by 61.1% in the 3rd quarter. GAMMA Investing LLC now owns 2,739 shares of the bank's stock valued at $98,000 after purchasing an additional 1,039 shares during the period. Aprio Wealth Management LLC bought a new stake in Woori Financial Group during the 3rd quarter worth approximately $218,000. Atomi Financial Group Inc. acquired a new stake in Woori Financial Group during the 3rd quarter worth approximately $241,000. Finally, EverSource Wealth Advisors LLC boosted its holdings in shares of Woori Financial Group by 9.1% in the first quarter. EverSource Wealth Advisors LLC now owns 8,943 shares of the bank's stock valued at $279,000 after buying an additional 746 shares during the period. Institutional investors and hedge funds own 17.79% of the company's stock.

Woori Financial Group Trading Up 1.6 %

NYSE WF traded up $0.57 on Friday, reaching $36.79. The company had a trading volume of 48,134 shares, compared to its average volume of 58,362. Woori Financial Group has a 52 week low of $26.16 and a 52 week high of $38.05. The stock's 50 day moving average is $36.10 and its 200-day moving average is $33.39. The company has a quick ratio of 0.12, a current ratio of 0.12 and a debt-to-equity ratio of 0.86. The stock has a market cap of $9.11 billion, a price-to-earnings ratio of 5.16, a PEG ratio of 0.43 and a beta of 1.05.

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

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.