Woori Bank (NYSE:WF) Short Interest Up 49.0% in May

Woori Bank (NYSE:WF) was the recipient of a large 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. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 60,400 shares, the days-to-cover ratio is presently 1.2 days.

Woori Bank Stock Performance

Shares of WF opened at $45.16 on Wednesday. The company’s 50 day simple moving average is $38.94 and its 200-day simple moving average is $35.14. The firm has a market cap of $11.18 billion, a PE ratio of 5.76, a price-to-earnings-growth ratio of 0.86 and a beta of 1.00. Woori Bank has a 12-month low of $29.44 and a 12-month high of $46.53. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 0.86.

Institutional Trading of Woori Bank

Several institutional investors and hedge funds have recently bought and sold shares of the business. SBI Securities Co. Ltd. acquired a new position in Woori Bank in the fourth quarter valued at $25,000. Canopy Partners LLC acquired a new position in Woori Bank in the first quarter valued at $201,000. Optas LLC acquired a new position in Woori Bank in the first quarter valued at $203,000. HighTower Advisors LLC acquired a new position in Woori Bank in the first quarter valued at $207,000. Finally, Compound Planning Inc. acquired a new position in Woori Bank in the first quarter valued at $215,000. Hedge funds and other institutional investors own 3.41% of the company’s stock.

About Woori Bank

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.