Mizuho Financial Group, Inc. (NYSE:MFG) Short Interest Down 20.0% in March

Mizuho Financial Group, Inc. (NYSE:MFG - Get Free Report) saw a large drop in short interest during the month of March. As of March 31st, there was short interest totalling 1,560,000 shares, a drop of 20.0% from the March 15th total of 1,950,000 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 1,990,000 shares, the short-interest ratio is presently 0.8 days.

Institutional Investors Weigh In On Mizuho Financial Group

Several institutional investors have recently added to or reduced their stakes in MFG. Brighton Jones LLC raised its position in shares of Mizuho Financial Group by 19.3% in the fourth quarter. Brighton Jones LLC now owns 12,343 shares of the bank's stock valued at $60,000 after purchasing an additional 1,998 shares during the period. Farther Finance Advisors LLC grew its stake in Mizuho Financial Group by 10.8% in the 4th quarter. Farther Finance Advisors LLC now owns 21,129 shares of the bank's stock valued at $103,000 after buying an additional 2,054 shares in the last quarter. Bessemer Group Inc. raised its holdings in Mizuho Financial Group by 51.5% during the 4th quarter. Bessemer Group Inc. now owns 6,430 shares of the bank's stock valued at $31,000 after acquiring an additional 2,187 shares during the period. Pinnacle Wealth Planning Services Inc. lifted its position in shares of Mizuho Financial Group by 6.7% during the fourth quarter. Pinnacle Wealth Planning Services Inc. now owns 34,890 shares of the bank's stock worth $171,000 after acquiring an additional 2,188 shares in the last quarter. Finally, Lake Street Advisors Group LLC boosted its holdings in shares of Mizuho Financial Group by 4.4% in the fourth quarter. Lake Street Advisors Group LLC now owns 52,243 shares of the bank's stock worth $255,000 after acquiring an additional 2,210 shares during the period. 3.26% of the stock is owned by hedge funds and other institutional investors.

Mizuho Financial Group Price Performance

Mizuho Financial Group stock remained flat at $4.95 during trading on Friday. The company had a trading volume of 2,345,390 shares, compared to its average volume of 1,691,280. The company's 50-day moving average price is $5.32 and its 200 day moving average price is $5.04. Mizuho Financial Group has a fifty-two week low of $3.45 and a fifty-two week high of $6.08. The firm has a market cap of $62.35 billion, a PE ratio of 12.38, a price-to-earnings-growth ratio of 0.76 and a beta of 0.33. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.96 and a current ratio of 0.97.

Mizuho Financial Group (NYSE:MFG - Get Free Report) last issued its quarterly earnings results on Monday, February 3rd. The bank reported $0.15 EPS for the quarter, beating analysts' consensus estimates of $0.10 by $0.05. Mizuho Financial Group had a return on equity of 8.56% and a net margin of 7.85%. As a group, equities research analysts anticipate that Mizuho Financial Group will post 0.42 EPS for the current fiscal year.

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.