Woori Financial Group Inc. (NYSE:WF) Short Interest Down 45.2% in February

Woori Financial Group Inc. (NYSE:WF) was the target of a large decline in short interest during the month of February. As of February 28th, there was short interest totalling 11,500 shares, a decline of 45.2% from the February 13th total of 21,000 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 65,900 shares, the days-to-cover ratio is presently 0.2 days.

Woori Financial Group Trading Up 1.7 %

Shares of NYSE WF traded up $0.55 during trading hours on Friday, hitting $33.35. 34,505 shares of the company traded hands, compared to its average volume of 62,235. The stock has a market capitalization of $8.25 billion, a price-to-earnings ratio of 4.34, a price-to-earnings-growth ratio of 0.77 and a beta of 1.09. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.87. The company’s 50 day moving average price is $33.31 and its 200 day moving average price is $34.23. Woori Financial Group has a 12 month low of $28.49 and a 12 month high of $38.05.

Hedge Funds Weigh In On Woori Financial Group

Large investors have recently modified their holdings of the stock. SBI Securities Co. Ltd. purchased a new position in Woori Financial Group during the 4th quarter valued at $25,000. Advisors Preferred LLC purchased a new position in Woori Financial Group during the 4th quarter valued at $32,000. Venturi Wealth Management LLC boosted its holdings in Woori Financial Group by 2,018.3% during the 3rd quarter. Venturi Wealth Management LLC now owns 2,203 shares of the bank’s stock valued at $79,000 after acquiring an additional 2,099 shares during the period. Point72 Asset Management L.P. purchased a new position in Woori Financial Group during the 3rd quarter valued at $193,000. Finally, Franklin Resources Inc. purchased a new position in Woori Financial Group during the 3rd quarter valued at $209,000. Institutional investors own 3.41% of the company’s stock.

Woori Financial Group Company Profile

Woori Financial Group Inc, a financial holding company, operates as a commercial bank that provides a range of financial products and services to individuals, corporations, and small- and medium-sized enterprises in Korea. It operates through Banking, Credit Card, Capital, Investment Banking, and Others segments.