Woori Financial Group Inc. (NYSE:WF) Short Interest Down 45.2% in February

Woori Financial Group Inc. (NYSE:WF - Get Free Report) was the recipient of a significant drop in short interest in the month of February. As of February 28th, there was short interest totalling 11,500 shares, a drop of 45.2% from the February 13th total of 21,000 shares. Based on an average daily volume of 65,900 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the shares of the company are sold short.

Woori Financial Group Price Performance

Woori Financial Group stock traded up $0.55 during mid-day trading on Friday, reaching $33.35. The company had a trading volume of 34,505 shares, compared to its average volume of 62,235. Woori Financial Group has a 1 year low of $28.49 and a 1 year high of $38.05. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.09 and a quick ratio of 1.09. The company has a market capitalization of $8.25 billion, a P/E ratio of 4.34, a P/E/G ratio of 0.77 and a beta of 1.09. The stock's 50-day simple moving average is $33.31 and its 200-day simple moving average is $34.21.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. SBI Securities Co. Ltd. purchased a new position in shares of Woori Financial Group during the 4th quarter worth approximately $25,000. Advisors Preferred LLC purchased a new position in shares of Woori Financial Group during the 4th quarter worth approximately $32,000. Venturi Wealth Management LLC increased its stake in shares of Woori Financial Group by 2,018.3% during the 3rd quarter. Venturi Wealth Management LLC now owns 2,203 shares of the bank's stock worth $79,000 after purchasing an additional 2,099 shares in the last quarter. Point72 Asset Management L.P. purchased a new position in shares of Woori Financial Group during the 3rd quarter worth approximately $193,000. Finally, Franklin Resources Inc. purchased a new position in shares of Woori Financial Group during the 3rd quarter worth approximately $209,000. 3.41% of the stock is owned by hedge funds and other institutional investors.

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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.