Short Interest in Woori Bank (NYSE:WF) Increases By 49.0%

Woori Bank (NYSE:WF - Get Free Report) was the target of a significant growth in short interest during the month of May. As of May 31st, there was short interest totalling 71,800 shares, a growth of 49.0% from the May 15th total of 48,200 shares. Based on an average daily volume of 60,400 shares, the days-to-cover ratio is currently 1.2 days. Approximately 0.0% of the company's stock are short sold.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Arrowstreet Capital Limited Partnership boosted its holdings in Woori Bank by 39.8% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 287,852 shares of the bank's stock worth $8,995,000 after acquiring an additional 81,973 shares in the last quarter. GAMMA Investing LLC increased its holdings in shares of Woori Bank by 3,000.5% during the first quarter. GAMMA Investing LLC now owns 81,481 shares of the bank's stock valued at $2,720,000 after acquiring an additional 78,853 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of Woori Bank by 1,830.4% in the 4th quarter. JPMorgan Chase & Co. now owns 43,724 shares of the bank's stock valued at $1,366,000 after purchasing an additional 41,459 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. boosted its stake in Woori Bank by 6.5% in the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 572,589 shares of the bank's stock worth $17,893,000 after purchasing an additional 35,187 shares in the last quarter. Finally, Cerity Partners LLC boosted its stake in Woori Bank by 68.0% in the 1st quarter. Cerity Partners LLC now owns 68,203 shares of the bank's stock worth $2,277,000 after purchasing an additional 27,616 shares in the last quarter. 3.41% of the stock is currently owned by hedge funds and other institutional investors.

Woori Bank Stock Up 0.3%

Shares of WF stock traded up $0.13 during trading hours on Thursday, reaching $45.34. 40,511 shares of the company's stock were exchanged, compared to its average volume of 64,875. Woori Bank has a fifty-two week low of $29.44 and a fifty-two week high of $46.53. The stock's 50 day moving average is $39.45 and its 200-day moving average is $35.28. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 0.86. The company has a market cap of $11.22 billion, a price-to-earnings ratio of 5.78, a P/E/G ratio of 0.85 and a beta of 1.00.

Woori Bank Company Profile

Woori Financial Group Inc, a financial holding company, operates as a commercial bank that provides a range of financial products and services to individuals, corporations, and small- and medium-sized enterprises in Korea. It operates through Banking, Credit Card, Capital, Investment Banking, and Others segments.