Mizuho Financial Group, Inc. (NYSE:MFG) Sees Significant Decline in Short Interest

Mizuho Financial Group, Inc. (NYSE:MFG) saw a large decline in short interest in the month of November. As of November 30th, there was short interest totalling 1,940,000 shares, a decline of 17.8% from the November 15th total of 2,360,000 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 2,140,000 shares, the short-interest ratio is presently 0.9 days.

Hedge Funds Weigh In On Mizuho Financial Group

Several large investors have recently made changes to their positions in the business. FMR LLC increased its holdings in Mizuho Financial Group by 31.0% in the 3rd quarter. FMR LLC now owns 17,622,960 shares of the bank’s stock worth $73,664,000 after buying an additional 4,167,234 shares in the last quarter. Natixis Advisors LLC grew its holdings in Mizuho Financial Group by 351.2% during the third quarter. Natixis Advisors LLC now owns 3,355,910 shares of the bank’s stock valued at $14,028,000 after purchasing an additional 2,612,204 shares during the period. American Century Companies Inc. lifted its position in shares of Mizuho Financial Group by 10.9% during the 2nd quarter. American Century Companies Inc. now owns 2,391,343 shares of the bank’s stock valued at $10,115,000 after buying an additional 234,972 shares in the last quarter. Creative Planning grew its stake in shares of Mizuho Financial Group by 8.8% during the 3rd quarter. Creative Planning now owns 803,259 shares of the bank’s stock valued at $3,358,000 after acquiring an additional 65,185 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its holdings in Mizuho Financial Group by 11.8% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 793,629 shares of the bank’s stock worth $3,317,000 after acquiring an additional 83,655 shares in the last quarter. 3.26% of the stock is currently owned by hedge funds and other institutional investors.

Mizuho Financial Group Trading Down 0.4 %

Shares of NYSE:MFG traded down $0.02 on Monday, hitting $5.00. The company had a trading volume of 395,127 shares, compared to its average volume of 1,263,906. The firm’s 50-day simple moving average is $4.60 and its two-hundred day simple moving average is $4.30. The firm has a market capitalization of $63.36 billion, a price-to-earnings ratio of 13.57, a P/E/G ratio of 0.90 and a beta of 0.44. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 1.15. Mizuho Financial Group has a 1 year low of $3.27 and a 1 year high of $5.31.

Mizuho Financial Group Company Profile

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.