Short Interest in Mizuho Financial Group, Inc. (NYSE:MFG) Declines By 21.2%

Mizuho Financial Group, Inc. (NYSE:MFG - Get Free Report) saw a large decline in short interest during the month of October. As of October 31st, there was short interest totalling 1,930,000 shares, a decline of 21.2% from the October 15th total of 2,450,000 shares. Based on an average trading volume of 2,120,000 shares, the short-interest ratio is currently 0.9 days. Approximately 0.0% of the company's stock are sold short.

Mizuho Financial Group Stock Performance

NYSE MFG traded up $0.12 during trading hours on Friday, hitting $4.88. 1,391,203 shares of the company's stock traded hands, compared to its average volume of 1,299,366. The business's fifty day moving average price is $4.20 and its two-hundred day moving average price is $4.14. Mizuho Financial Group has a 52 week low of $3.27 and a 52 week high of $4.89. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 1.22. The firm has a market capitalization of $61.84 billion, a P/E ratio of 15.74, a P/E/G ratio of 0.80 and a beta of 0.38.

Hedge Funds Weigh In On Mizuho Financial Group

A number of hedge funds have recently modified their holdings of the company. Dakota Wealth Management bought a new position in shares of Mizuho Financial Group during the 3rd quarter valued at approximately $42,000. Brighton Jones LLC bought a new stake in shares of Mizuho Financial Group during the second quarter worth $43,000. Riversedge Advisors LLC purchased a new stake in shares of Mizuho Financial Group during the second quarter valued at $46,000. ERn Financial LLC purchased a new position in Mizuho Financial Group in the 3rd quarter worth about $46,000. Finally, Kathmere Capital Management LLC bought a new stake in Mizuho Financial Group during the 2nd quarter valued at about $47,000. 3.26% of the stock is currently owned by institutional investors.

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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