Woori Financial Group Inc. (NYSE:WF) Short Interest Down 44.3% in November

Woori Financial Group Inc. (NYSE:WF) saw a large drop in short interest during the month of November. As of November 15th, there was short interest totalling 43,800 shares, a drop of 44.3% from the October 31st total of 78,700 shares. Based on an average daily volume of 66,800 shares, the short-interest ratio is presently 0.7 days.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Allspring Global Investments Holdings LLC bought a new stake in Woori Financial Group in the 3rd quarter valued at about $60,000. Venturi Wealth Management LLC increased its stake in shares of Woori Financial Group by 2,018.3% in the third 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. GAMMA Investing LLC raised its position in shares of Woori Financial Group by 61.1% in the third 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. Point72 Asset Management L.P. bought a new stake in shares of Woori Financial Group in the third quarter valued at approximately $193,000. Finally, Franklin Resources Inc. purchased a new stake in shares of Woori Financial Group during the 3rd quarter valued at approximately $209,000. Hedge funds and other institutional investors own 17.79% of the company’s stock.

Woori Financial Group Stock Performance

Woori Financial Group stock traded up $0.53 during trading on Thursday, hitting $35.99. The stock had a trading volume of 45,011 shares, compared to its average volume of 58,296. The stock’s 50 day moving average is $35.41 and its two-hundred day moving average is $34.02. Woori Financial Group has a 1 year low of $27.60 and a 1 year high of $38.05. The stock has a market cap of $8.91 billion, a price-to-earnings ratio of 4.68, a price-to-earnings-growth ratio of 0.37 and a beta of 1.06. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.87.

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.