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

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

Woori Bank Price Performance

Shares of WF opened at $45.16 on Wednesday. Woori Bank has a twelve month low of $29.44 and a twelve month high of $46.53. The firm’s fifty day simple moving average is $38.94 and its 200-day simple moving average is $35.14. The firm has a market capitalization of $11.18 billion, a price-to-earnings ratio of 5.76, a PEG ratio of 0.86 and a beta of 1.00. 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 Investors Weigh In On Woori Bank

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

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.