Mizuho Financial Group, Inc. (NYSE:MFG) Sees Large Decline in Short Interest

Mizuho Financial Group, Inc. (NYSE:MFG) was the target of a large decrease in short interest in November. As of November 30th, there was short interest totalling 1,940,000 shares, a decrease of 17.8% from the November 15th total of 2,360,000 shares. Based on an average trading volume of 2,140,000 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.0% of the company’s shares are short sold.

Mizuho Financial Group Trading Down 0.8 %

Shares of NYSE:MFG traded down $0.04 during mid-day trading on Friday, hitting $5.02. The stock had a trading volume of 642,828 shares, compared to its average volume of 1,267,574. Mizuho Financial Group has a 12-month low of $3.27 and a 12-month high of $5.31. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.96 and a current ratio of 0.96. The company has a market cap of $63.62 billion, a PE ratio of 13.58, a P/E/G ratio of 0.90 and a beta of 0.44. The company’s 50 day moving average is $4.60 and its 200-day moving average is $4.30.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Wilmington Savings Fund Society FSB bought a new position in shares of Mizuho Financial Group during the 3rd quarter valued at $25,000. TD Private Client Wealth LLC grew its stake in Mizuho Financial Group by 683.9% in 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 during the last quarter. Dakota Wealth Management acquired a new position in Mizuho Financial Group in the 3rd quarter valued at $42,000. Brighton Jones LLC acquired a new position in Mizuho Financial Group in the 2nd quarter valued at $43,000. Finally, Riversedge Advisors LLC acquired a new position in Mizuho Financial Group in the 2nd quarter valued at $46,000. Institutional investors own 3.26% of the company’s stock.

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.