Short Interest in Mizuho Financial Group, Inc. (NYSE:MFG) Rises By 22.3%

Mizuho Financial Group, Inc. (NYSE:MFG) saw a large growth in short interest in November. As of November 15th, there was short interest totalling 2,360,000 shares, a growth of 22.3% from the October 31st total of 1,930,000 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 2,140,000 shares, the days-to-cover ratio is presently 1.1 days.

Mizuho Financial Group Stock Performance

Shares of MFG stock traded up $0.14 during trading on Monday, reaching $5.22. 1,082,443 shares of the company’s stock traded hands, compared to its average volume of 1,281,250. The company has a market capitalization of $66.15 billion, a P/E ratio of 14.11, a PEG ratio of 0.90 and a beta of 0.38. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 1.15. The firm’s 50-day moving average is $4.40 and its 200 day moving average is $4.23. Mizuho Financial Group has a 1 year low of $3.27 and a 1 year high of $5.22.

Institutional Trading of Mizuho Financial Group

Hedge funds and other institutional investors have recently bought and sold shares of the company. Wilmington Savings Fund Society FSB bought a new stake in Mizuho Financial Group during the 3rd quarter worth approximately $25,000. TD Private Client Wealth LLC increased its holdings in Mizuho Financial Group by 683.9% during the 3rd quarter. TD Private Client Wealth LLC now owns 8,419 shares of the bank’s stock worth $35,000 after acquiring an additional 7,345 shares during the period. Dakota Wealth Management bought a new stake in Mizuho Financial Group during the 3rd quarter worth approximately $42,000. Brighton Jones LLC bought a new stake in Mizuho Financial Group during the 2nd quarter worth approximately $43,000. Finally, Riversedge Advisors LLC bought a new stake in Mizuho Financial Group during the 2nd quarter worth approximately $46,000. Institutional investors own 3.26% of the company’s stock.

About Mizuho Financial Group

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.