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

Mizuho Financial Group, Inc. (NYSE:MFG) saw a significant increase in short interest in November. As of November 15th, there was short interest totalling 2,360,000 shares, an increase of 22.3% from the October 31st total of 1,930,000 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 2,140,000 shares, the short-interest ratio is currently 1.1 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB purchased a new position in Mizuho Financial Group in the third quarter valued at about $25,000. TD Private Client Wealth LLC lifted its stake in shares of 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 valued at $35,000 after buying an additional 7,345 shares in the last quarter. Dakota Wealth Management purchased a new stake in shares of Mizuho Financial Group during the 3rd quarter valued at approximately $42,000. Brighton Jones LLC purchased a new stake in shares of Mizuho Financial Group during the 2nd quarter valued at approximately $43,000. Finally, Riversedge Advisors LLC purchased a new stake in shares of Mizuho Financial Group during the 2nd quarter valued at approximately $46,000. 3.26% of the stock is currently owned by hedge funds and other institutional investors.

Mizuho Financial Group Stock Up 2.8 %

Mizuho Financial Group stock traded up $0.14 during midday trading on Monday, hitting $5.22. 1,082,443 shares of the stock were exchanged, compared to its average volume of 1,281,250. Mizuho Financial Group has a 52-week low of $3.27 and a 52-week high of $5.22. The stock has a market capitalization of $66.15 billion, a price-to-earnings ratio of 14.11, a price-to-earnings-growth ratio of 0.90 and a beta of 0.38. The business’s 50-day moving average price is $4.40 and its 200-day moving average price is $4.23. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 1.15.

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.