Mizuho Financial Group, Inc. (NYSE:MFG) Short Interest Up 366.0% in April

Mizuho Financial Group, Inc. (NYSE:MFG - Get Free Report) was the target of a significant growth in short interest in April. As of April 15th, there was short interest totalling 7,270,000 shares, a growth of 366.0% from the March 31st total of 1,560,000 shares. Currently, 0.1% of the company's stock are sold short. Based on an average daily volume of 2,740,000 shares, the days-to-cover ratio is presently 2.7 days.

Mizuho Financial Group Stock Performance

Shares of MFG stock remained flat at $4.92 during trading on Friday. 4,456,887 shares of the company traded hands, compared to its average volume of 1,745,807. The business's fifty day moving average is $5.27 and its 200-day moving average is $5.07. Mizuho Financial Group has a twelve month low of $3.45 and a twelve month high of $6.08. The company has a market capitalization of $61.97 billion, a price-to-earnings ratio of 12.30, 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 current ratio of 0.97 and a quick ratio of 0.96.

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

Institutional Inflows and Outflows

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

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.