Woori Bank (NYSE:WF) Short Interest Up 22.4% in January

Woori Bank (NYSE:WF) saw a large increase in short interest in the month of January. As of January 15th, there was short interest totaling 88,354 shares, an increase of 22.4% from the December 31st total of 72,156 shares. Based on an average trading volume of 59,446 shares, the short-interest ratio is presently 1.5 days. Currently, 0.0% of the shares of the company are short sold. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 59,446 shares, the short-interest ratio is presently 1.5 days.

Analyst Upgrades and Downgrades

WF has been the subject of a number of analyst reports. Weiss Ratings reissued a “buy (b)” rating on shares of Woori Bank in a research note on Monday, December 29th. Wall Street Zen cut Woori Bank from a “buy” rating to a “hold” rating in a report on Saturday. Finally, Zacks Research raised Woori Bank from a “strong sell” rating to a “hold” rating in a research note on Wednesday, November 19th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, Woori Bank currently has a consensus rating of “Moderate Buy”.

Woori Bank Trading Up 3.1%

Shares of NYSE WF opened at $64.85 on Wednesday. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 0.78. The stock has a market capitalization of $15.87 billion, a PE ratio of 7.25, a PEG ratio of 1.08 and a beta of 1.14. Woori Bank has a twelve month low of $29.44 and a twelve month high of $65.28. The stock has a fifty day simple moving average of $58.63 and a 200-day simple moving average of $56.04.

Woori Bank (NYSE:WF) last announced its quarterly earnings data on Friday, November 14th. The bank reported $3.57 earnings per share for the quarter, beating analysts’ consensus estimates of $2.28 by $1.29. Woori Bank had a net margin of 13.29% and a return on equity of 9.16%. The firm had revenue of $1.94 billion during the quarter, compared to analysts’ expectations of $1.99 billion. On average, equities analysts forecast that Woori Bank will post 8.24 earnings per share for the current year.

Institutional Investors Weigh In On Woori Bank

Several institutional investors have recently added to or reduced their stakes in WF. Creative Planning increased its position in shares of Woori Bank by 25.8% during the second quarter. Creative Planning now owns 261,811 shares of the bank’s stock worth $13,020,000 after purchasing an additional 53,743 shares in the last quarter. Capital International Investors acquired a new position in Woori Bank during the third quarter worth approximately $2,997,000. B. Metzler seel. Sohn & Co. AG increased its position in Woori Bank by 100.1% during the fourth quarter. B. Metzler seel. Sohn & Co. AG now owns 89,881 shares of the bank’s stock worth $5,284,000 after buying an additional 44,974 shares during the period. Assetmark Inc. grew its position in shares of Woori Bank by 89.0% during the fourth quarter. Assetmark Inc. now owns 67,850 shares of the bank’s stock worth $3,989,000 after acquiring an additional 31,952 shares during the last quarter. Finally, Quantinno Capital Management LP boosted its stake in Woori Bank by 49.0% during the 2nd quarter. Quantinno Capital Management LP now owns 84,072 shares of the bank’s stock worth $4,181,000 after purchasing an additional 27,633 shares during the period. Hedge funds and other institutional investors own 3.41% of the company’s stock.

Woori Bank Company Profile

Woori Bank Co, Ltd. (NYSE: WF) is a South Korean commercial bank and the principal banking unit of Woori Financial Group. Established in 2001 through the merger of Hanvit Bank and Peace Bank, the institution traces its roots to earlier banking entities that date back to the late 19th and mid-20th centuries. Headquartered in Seoul, Woori Bank operates under a universal banking model, serving both individual customers and corporate clients with a comprehensive suite of financial products and services.

The bank’s core operations encompass retail banking, corporate and investment banking, treasury services, and wealth management.