Woori Bank (NYSE:WF) Short Interest Down 18.2% in January

Woori Bank (NYSE:WF) was the target of a significant decline in short interest in the month of January. As of January 30th, there was short interest totaling 72,268 shares, a decline of 18.2% from the January 15th total of 88,354 shares. Based on an average trading volume of 62,572 shares, the days-to-cover ratio is presently 1.2 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 62,572 shares, the days-to-cover ratio is presently 1.2 days.

Institutional Trading of Woori Bank

Several institutional investors have recently added to or reduced their stakes in WF. HM Payson & Co. purchased a new position in shares of Woori Bank during the third quarter valued at about $29,000. Kestra Advisory Services LLC purchased a new stake in Woori Bank during the 4th quarter valued at $43,000. Smartleaf Asset Management LLC increased its holdings in Woori Bank by 551.7% in the 2nd quarter. Smartleaf Asset Management LLC now owns 984 shares of the bank’s stock worth $48,000 after buying an additional 833 shares in the last quarter. Osaic Holdings Inc. raised its holdings in shares of Woori Bank by 51.9% during the second quarter. Osaic Holdings Inc. now owns 1,042 shares of the bank’s stock valued at $51,000 after purchasing an additional 356 shares during the last quarter. Finally, Tower Research Capital LLC TRC raised its stake in Woori Bank by 3,282.4% during the 2nd quarter. Tower Research Capital LLC TRC now owns 1,150 shares of the bank’s stock valued at $57,000 after buying an additional 1,116 shares during the last quarter. 3.41% of the stock is currently owned by hedge funds and other institutional investors.

Woori Bank Price Performance

Shares of WF traded up $1.59 during trading hours on Monday, reaching $80.68. The stock had a trading volume of 107,928 shares, compared to its average volume of 61,341. The company’s 50-day moving average is $61.68 and its two-hundred day moving average is $57.30. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.13 and a current ratio of 1.13. Woori Bank has a 12 month low of $29.44 and a 12 month high of $81.89. The stock has a market capitalization of $19.74 billion, a PE ratio of 9.02, a PEG ratio of 0.85 and a beta of 1.14.

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

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on WF shares. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Woori Bank in a report on Monday, December 29th. Wall Street Zen upgraded shares of Woori Bank from a “hold” rating to a “buy” rating in a report on Saturday. Finally, Zacks Research upgraded Woori Bank from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 11th. One analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the stock. According to MarketBeat, Woori Bank has an average rating of “Strong Buy”.

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.