Mizuho Financial Group, Inc. (NYSE:MFG) Sees Large Decrease in Short Interest

Mizuho Financial Group, Inc. (NYSE:MFG) was the recipient of a large decline in short interest in December. As of December 15th, there was short interest totalling 1,620,000 shares, a decline of 16.5% from the November 30th total of 1,940,000 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 2,020,000 shares, the short-interest ratio is currently 0.8 days.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in MFG. FMR LLC increased its position in shares of Mizuho Financial Group by 31.0% in the third quarter. FMR LLC now owns 17,622,960 shares of the bank’s stock worth $73,664,000 after acquiring an additional 4,167,234 shares in the last quarter. Natixis Advisors LLC raised its holdings in shares of Mizuho Financial Group by 351.2% during the third quarter. Natixis Advisors LLC now owns 3,355,910 shares of the bank’s stock worth $14,028,000 after acquiring an additional 2,612,204 shares in the last quarter. Point72 Asset Management L.P. increased its holdings in Mizuho Financial Group by 2,151.3% in the third quarter. Point72 Asset Management L.P. now owns 570,800 shares of the bank’s stock worth $2,386,000 after buying an additional 545,446 shares during the last quarter. Orion Portfolio Solutions LLC raised its holdings in shares of Mizuho Financial Group by 473.0% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 421,624 shares of the bank’s stock valued at $1,762,000 after purchasing an additional 348,046 shares in the last quarter. Finally, Sanctuary Advisors LLC boosted its stake in shares of Mizuho Financial Group by 1,077.4% during the 3rd quarter. Sanctuary Advisors LLC now owns 278,847 shares of the bank’s stock worth $1,166,000 after acquiring an additional 255,164 shares in the last quarter. 3.26% of the stock is currently owned by institutional investors.

Mizuho Financial Group Stock Down 0.2 %

Shares of Mizuho Financial Group stock traded down $0.01 during trading on Friday, reaching $4.89. The company had a trading volume of 1,679,413 shares, compared to its average volume of 1,261,196. The company has a market cap of $61.97 billion, a price-to-earnings ratio of 13.22, a price-to-earnings-growth ratio of 0.89 and a beta of 0.44. Mizuho Financial Group has a fifty-two week low of $3.39 and a fifty-two week high of $5.31. The firm’s fifty day moving average is $4.74 and its 200-day moving average is $4.36. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.96 and a current ratio of 0.96.

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.