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

Mizuho Financial Group, Inc. (NYSE:MFG – Get Rating) was the recipient of a large decrease in short interest in April. As of April 30th, there was short interest totalling 1,220,000 shares, a decrease of 27.8% from the April 15th total of 1,690,000 shares. Based on an average trading volume of 1,080,000 shares, the short-interest ratio is currently 1.1 days. Approximately 0.0% of the shares of the company are short sold.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Freestone Capital Holdings LLC bought a new stake in Mizuho Financial Group during the 4th quarter worth approximately $26,000. Rehmann Capital Advisory Group bought a new stake in Mizuho Financial Group during the 4th quarter worth approximately $26,000. D Orazio & Associates Inc. bought a new stake in Mizuho Financial Group during the 3rd quarter worth approximately $28,000. Alera Investment Advisors LLC bought a new stake in Mizuho Financial Group during the 1st quarter worth approximately $28,000. Finally, Lindbrook Capital LLC grew its position in Mizuho Financial Group by 112.2% during the 4th quarter. Lindbrook Capital LLC now owns 12,302 shares of the bank’s stock worth $31,000 after acquiring an additional 6,505 shares during the last quarter. Institutional investors and hedge funds own 1.66% of the company’s stock.

Several equities research analysts have recently weighed in on MFG shares. Zacks Investment Research lowered Mizuho Financial Group from a “hold” rating to a “sell” rating in a research note on Tuesday, May 10th. Bank of America upgraded Mizuho Financial Group from a “neutral” rating to a “buy” rating in a research note on Monday, April 11th. StockNews.com started coverage on Mizuho Financial Group in a research note on Thursday, March 31st. They issued a “hold” rating on the stock. Finally, The Goldman Sachs Group started coverage on Mizuho Financial Group in a research note on Wednesday, April 27th. They issued a “neutral” rating on the stock.

MFG stock opened at $2.36 on Friday. The firm has a market cap of $29.92 billion, a P/E ratio of 5.49, a P/E/G ratio of 0.72 and a beta of 0.54. Mizuho Financial Group has a 1-year low of $2.30 and a 1-year high of $3.21. The business’s 50 day moving average is $2.55 and its 200-day moving average is $2.63.

Mizuho Financial Group Company Profile (Get Rating)

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 five segments: Retail & Business Banking Company, Corporate & Institutional Company, Global Corporate Company, Global Markets Company, and Asset Management Company.

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