Short Interest in Woori Financial Group Inc. (NYSE:WF) Decreases By 57.1%

Woori Financial Group Inc. (NYSE:WF - Get Free Report) was the target of a large drop in short interest in the month of April. As of April 30th, there was short interest totalling 76,100 shares, a drop of 57.1% from the April 15th total of 177,300 shares. Based on an average trading volume of 46,000 shares, the short-interest ratio is currently 1.7 days.

Woori Financial Group Stock Up 1.2 %

WF stock traded up $0.39 during trading hours on Friday, reaching $32.23. 32,192 shares of the stock were exchanged, compared to its average volume of 42,318. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.05 and a quick ratio of 1.05. The company has a market cap of $7.98 billion, a price-to-earnings ratio of 4.32, a PEG ratio of 0.39 and a beta of 1.05. The firm's 50-day moving average is $32.15 and its 200-day moving average is $30.82. Woori Financial Group has a 12 month low of $24.94 and a 12 month high of $36.17.

Woori Financial Group (NYSE:WF - Get Free Report) last released its quarterly earnings results on Thursday, February 29th. The bank reported $0.06 earnings per share for the quarter, missing analysts' consensus estimates of $0.94 by ($0.88). Woori Financial Group had a return on equity of 7.37% and a net margin of 10.81%. The firm had revenue of $2.13 billion for the quarter. On average, equities research analysts expect that Woori Financial Group will post 8.02 earnings per share for the current year.

Woori Financial Group Increases Dividend

The business also recently disclosed a semi-annual dividend, which was paid on Wednesday, February 28th. Stockholders of record on Thursday, February 29th were issued a $1.4465 dividend. This is a boost from Woori Financial Group's previous semi-annual dividend of $0.37. The ex-dividend date was Wednesday, February 28th. This represents a dividend yield of 5.5%. Woori Financial Group's dividend payout ratio (DPR) is presently 62.73%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Janiczek Wealth Management LLC raised its stake in Woori Financial Group by 47.3% in the fourth quarter. Janiczek Wealth Management LLC now owns 1,077 shares of the bank's stock valued at $33,000 after buying an additional 346 shares during the period. GAMMA Investing LLC bought a new position in Woori Financial Group during the fourth quarter worth $34,000. CWM LLC increased its holdings in shares of Woori Financial Group by 27.8% in the fourth quarter. CWM LLC now owns 3,507 shares of the bank's stock valued at $106,000 after purchasing an additional 763 shares during the last quarter. Blue Trust Inc. lifted its stake in shares of Woori Financial Group by 36.6% during the 4th quarter. Blue Trust Inc. now owns 3,751 shares of the bank's stock worth $113,000 after buying an additional 1,005 shares during the last quarter. Finally, Lindbrook Capital LLC grew its stake in Woori Financial Group by 14.0% in the 4th quarter. Lindbrook Capital LLC now owns 5,535 shares of the bank's stock valued at $167,000 after buying an additional 679 shares during the last quarter. 17.79% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, Bank of America raised Woori Financial Group from a "neutral" rating to a "buy" rating in a research note on Tuesday, January 16th.

Woori Financial Group Company Profile

Woori Financial Group Inc, together with its subsidiaries, operates as a commercial bank that provides a range of financial services to individual, business, and institutional customers in Korea. It operates through Banking, Credit Card, Capital, Investment Banking, and Others segments. The company offers savings, demand, and installment deposits; time deposits, certificates of deposit, and repurchase instruments; and working capital, facilities, general purpose household, mortgage, and home equity loans.