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

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

MFG has been the subject of several analyst reports. Zacks Investment Research upgraded Mizuho Financial Group from a “strong sell” rating to a “hold” rating in a report on Tuesday. UBS AG upgraded Mizuho Financial Group from a “sell” rating to a “neutral” rating in a report on Thursday, June 22nd. J P Morgan Chase & Co downgraded Mizuho Financial Group from an “overweight” rating to a “neutral” rating in a report on Friday, June 2nd. Finally, BidaskClub upgraded Mizuho Financial Group from a “strong sell” rating to a “sell” rating in a report on Wednesday, July 5th. One research analyst has rated the stock with a sell rating and four have issued a hold rating to the company’s stock. Mizuho Financial Group has a consensus rating of “Hold”.

Mizuho Financial Group, Inc. (NYSE:MFG) saw a large growth in short interest during the month of June. As of June 15th, there was short interest totalling 1,032,288 shares, a growth of 68.2% from the May 31st total of 613,674 shares. Based on an average trading volume of 283,298 shares, the short-interest ratio is currently 3.6 days.

Mizuho Financial Group (NYSE MFG) traded down 1.1208% during mid-day trading on Wednesday, hitting $3.5201. The stock had a trading volume of 86,099 shares. Mizuho Financial Group has a one year low of $3.12 and a one year high of $3.87. The stock has a market cap of $44.65 billion, a PE ratio of 8.3021 and a beta of 1.17. The firm’s 50-day moving average is $3.60 and its 200 day moving average is $3.65.

A number of institutional investors have recently bought and sold shares of the company. Quadrant Capital Group LLC increased its stake in Mizuho Financial Group by 51.5% in the first quarter. Quadrant Capital Group LLC now owns 33,914 shares of the bank’s stock worth $114,000 after buying an additional 11,527 shares during the last quarter. Proficio Capital Partners LLC increased its stake in Mizuho Financial Group by 207.7% in the first quarter. Proficio Capital Partners LLC now owns 32,538 shares of the bank’s stock worth $116,000 after buying an additional 21,962 shares during the last quarter. Signaturefd LLC increased its stake in Mizuho Financial Group by 16.9% in the first quarter. Signaturefd LLC now owns 34,640 shares of the bank’s stock worth $128,000 after buying an additional 5,007 shares during the last quarter. CAPROCK Group Inc. bought a new stake in Mizuho Financial Group during the second quarter worth about $145,000. Finally, Greenleaf Trust increased its stake in Mizuho Financial Group by 19.5% in the first quarter. Greenleaf Trust now owns 45,488 shares of the bank’s stock worth $168,000 after buying an additional 7,416 shares during the last quarter. 0.32% of the stock is owned by hedge funds and other institutional investors.

Mizuho Financial Group Company Profile

Mizuho Financial Group, Inc (MHFG) is a financial holding company. The Company, through its subsidiaries, provides domestic and international financial services in Japan and other countries. The Company’s segments include MHBK, MHTB, MHSC and Others. The MHBK segment includes Personal Banking; Retail Banking; Corporate Banking (Large Corporations); Corporate Banking; Financial Institutions & Public Sector Business; International Banking, and Trading and others.

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