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

Mizuho Financial Group, Inc. (NYSE:MFG) was the recipient of a significant growth in short interest during the month of 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. Based on an average trading volume of 2,140,000 shares, the days-to-cover ratio is presently 1.1 days. Currently, 0.0% of the company’s stock are sold short.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the stock. Russell Investments Group Ltd. boosted its position in shares of Mizuho Financial Group by 59.3% in the first quarter. Russell Investments Group Ltd. now owns 16,418 shares of the bank’s stock valued at $65,000 after acquiring an additional 6,110 shares during the period. GAMMA Investing LLC boosted its holdings in shares of Mizuho Financial Group by 35.9% during the 2nd quarter. GAMMA Investing LLC now owns 38,784 shares of the bank’s stock worth $164,000 after buying an additional 10,249 shares in the last quarter. Five Oceans Advisors lifted its holdings in shares of Mizuho Financial Group by 86.6% in the 2nd quarter. Five Oceans Advisors now owns 45,575 shares of the bank’s stock worth $193,000 after purchasing an additional 21,150 shares in the last quarter. First Affirmative Financial Network raised its position in Mizuho Financial Group by 14.2% in the 2nd quarter. First Affirmative Financial Network now owns 41,156 shares of the bank’s stock valued at $174,000 after buying an additional 5,127 shares during the last quarter. Finally, PFW Advisors LLC increased its position in shares of Mizuho Financial Group by 25.4% during the 2nd quarter. PFW Advisors LLC now owns 13,241 shares of the bank’s stock valued at $56,000 after purchasing an additional 2,680 shares during the last quarter. Institutional investors own 3.26% of the company’s stock.

Mizuho Financial Group Stock Performance

Mizuho Financial Group stock traded up $0.13 during mid-day trading on Monday, reaching $5.21. The company had a trading volume of 1,794,851 shares, compared to its average volume of 1,284,364. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 1.15. Mizuho Financial Group has a 52 week low of $3.27 and a 52 week high of $5.24. The company has a 50 day moving average of $4.40 and a 200-day moving average of $4.23. The firm has a market cap of $66.02 billion, a price-to-earnings ratio of 14.08, a PEG ratio of 0.90 and a beta of 0.38.

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.