Mizuho Financial Group, Inc. (NYSE:MFG) Short Interest Update

Mizuho Financial Group, Inc. (NYSE:MFG - Get Free Report) saw a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 7,270,000 shares, an increase of 366.0% from the March 31st total of 1,560,000 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 2,740,000 shares, the short-interest ratio is currently 2.7 days.

Mizuho Financial Group Price Performance

Shares of Mizuho Financial Group stock traded down $0.13 during trading on Wednesday, reaching $4.98. 155,848 shares of the company's stock were exchanged, compared to its average volume of 2,462,225. The firm's 50-day moving average price is $5.29 and its 200 day moving average price is $5.06. The company has a market cap of $62.67 billion, a P/E ratio of 12.44, a PEG ratio of 0.76 and a beta of 0.33. Mizuho Financial Group has a 1-year low of $3.45 and a 1-year high of $6.08. 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 posted its earnings results on Monday, February 3rd. The bank reported $0.15 EPS for the quarter, beating the consensus estimate 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, research analysts anticipate that Mizuho Financial Group will post 0.42 earnings per share for the current year.

Institutional Investors Weigh In On Mizuho Financial Group

A number of institutional investors have recently added to or reduced their stakes in the business. Brighton Jones LLC lifted its holdings in shares of Mizuho Financial Group by 19.3% during the fourth quarter. Brighton Jones LLC now owns 12,343 shares of the bank's stock worth $60,000 after purchasing an additional 1,998 shares during the period. Farther Finance Advisors LLC grew its position in shares of 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 during the last quarter. Bessemer Group Inc. increased its stake in shares of Mizuho Financial Group by 51.5% in the fourth quarter. Bessemer Group Inc. now owns 6,430 shares of the bank's stock valued at $31,000 after buying an additional 2,187 shares during the period. Pinnacle Wealth Planning Services Inc. raised 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 during the last quarter. Finally, Lake Street Advisors Group LLC raised its position in shares of Mizuho Financial Group by 4.4% during 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 last quarter. 3.26% of the stock is owned by institutional investors.

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.