Mizuho Financial Group, Inc. (NYSE:MFG) Short Interest Down 21.2% in October

Mizuho Financial Group, Inc. (NYSE:MFG) saw a significant decrease in short interest during 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. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 2,120,000 shares, the short-interest ratio is presently 0.9 days.

Institutional Investors Weigh In On Mizuho Financial Group

A number of large investors have recently made changes to their positions in MFG. Allspring Global Investments Holdings LLC purchased a new stake in Mizuho Financial Group in the first quarter valued at $111,000. BNP Paribas Financial Markets boosted its holdings in Mizuho Financial Group by 499.3% during the first quarter. BNP Paribas Financial Markets now owns 29,083 shares of the bank’s stock worth $116,000 after buying an additional 24,230 shares in the last quarter. Envestnet Portfolio Solutions Inc. grew its position in Mizuho Financial Group by 26.6% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 12,896 shares of the bank’s stock valued at $51,000 after buying an additional 2,712 shares during the period. SG Americas Securities LLC acquired a new position in shares of Mizuho Financial Group in the first quarter worth about $63,000. Finally, Russell Investments Group Ltd. grew its position in shares of Mizuho Financial Group by 59.3% during the 1st 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. 3.26% of the stock is owned by hedge funds and other institutional investors.

Mizuho Financial Group Stock Up 2.5 %

Shares of MFG stock traded up $0.12 during trading hours on Friday, reaching $4.88. 1,391,203 shares of the company’s stock were exchanged, compared to its average volume of 1,299,366. The company has a market cap of $61.84 billion, a price-to-earnings ratio of 15.74, a P/E/G ratio of 0.80 and a beta of 0.38. Mizuho Financial Group has a fifty-two week low of $3.27 and a fifty-two week high of $4.89. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 1.22. The stock’s 50 day moving average is $4.20 and its 200-day moving average is $4.14.

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.