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

Mizuho Financial Group, Inc. (NYSE:MFG) was the target of a large decrease in short interest in November. As of November 30th, there was short interest totalling 1,940,000 shares, a decrease of 17.8% from the November 15th total of 2,360,000 shares. Based on an average trading volume of 2,140,000 shares, the short-interest ratio is currently 0.9 days. Currently, 0.0% of the shares of the stock are short sold.

Hedge Funds Weigh In On Mizuho Financial Group

Several hedge funds have recently bought and sold shares of the business. Werba Rubin Papier Wealth Management boosted its stake in shares of Mizuho Financial Group by 5.4% during the third quarter. Werba Rubin Papier Wealth Management now owns 46,494 shares of the bank’s stock valued at $194,000 after purchasing an additional 2,366 shares in the last quarter. Wedmont Private Capital increased its holdings in shares of Mizuho Financial Group by 10.8% in the 3rd quarter. Wedmont Private Capital now owns 25,038 shares of the bank’s stock valued at $107,000 after acquiring an additional 2,432 shares during the period. Rhumbline Advisers raised its position in shares of Mizuho Financial Group by 0.8% in the 2nd quarter. Rhumbline Advisers now owns 325,847 shares of the bank’s stock worth $1,378,000 after acquiring an additional 2,721 shares in the last quarter. SG Americas Securities LLC lifted its stake in shares of Mizuho Financial Group by 18.7% during the 2nd quarter. SG Americas Securities LLC now owns 18,892 shares of the bank’s stock worth $80,000 after purchasing an additional 2,978 shares during the last quarter. Finally, Jane Street Group LLC raised its holdings in Mizuho Financial Group by 25.3% in the third quarter. Jane Street Group LLC now owns 16,080 shares of the bank’s stock worth $67,000 after purchasing an additional 3,248 shares in the last quarter. Institutional investors own 3.26% of the company’s stock.

Mizuho Financial Group Trading Down 0.8 %

MFG stock traded down $0.04 during midday trading on Friday, reaching $5.02. 642,828 shares of the company traded hands, compared to its average volume of 1,267,574. The firm has a market capitalization of $63.62 billion, a price-to-earnings ratio of 13.57, a P/E/G ratio of 0.90 and a beta of 0.44. Mizuho Financial Group has a 52-week low of $3.27 and a 52-week high of $5.31. The business has a 50 day moving average of $4.60 and a 200-day moving average of $4.30. 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.