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

Mizuho Financial Group, Inc. (NYSE:MFG) saw a significant decrease in short interest in the month of October. As of October 31st, there was short interest totalling 1,930,000 shares, a decrease of 21.2% from the October 15th total of 2,450,000 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 2,120,000 shares, the days-to-cover ratio is currently 0.9 days.

Institutional Investors Weigh In On Mizuho Financial Group

Hedge funds and other institutional investors have recently bought and sold shares of the business. Dakota Wealth Management bought a new position in Mizuho Financial Group in the 3rd quarter valued at $42,000. Brighton Jones LLC purchased a new position in Mizuho Financial Group in the second quarter worth $43,000. Riversedge Advisors LLC bought a new stake in Mizuho Financial Group during the second quarter worth about $46,000. ERn Financial LLC bought a new position in shares of Mizuho Financial Group during the 3rd quarter valued at about $46,000. Finally, Kathmere Capital Management LLC bought a new position in Mizuho Financial Group during the second quarter valued at approximately $47,000. Institutional investors own 3.26% of the company’s stock.

Mizuho Financial Group Stock Up 2.5 %

MFG opened at $4.88 on Friday. The company’s 50-day moving average price is $4.22 and its two-hundred day moving average price is $4.15. Mizuho Financial Group has a twelve month low of $3.27 and a twelve month high of $4.89. The stock has a market cap of $61.84 billion, a price-to-earnings ratio of 13.19, a PEG ratio of 0.80 and a beta of 0.38. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 1.22.

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.