(NYSE:WF) shares saw heavy trading volume with 34K shares changing hands on Tuesday. Overall, volume was up 173.55% over the stocks normal daily volume.
Traders are more bearish on shares of Woori Finance Holdings Co Ltd of late as shown by the motion in short interest. The company recorded a rise in short interest between September 29, 2017 and October 13, 2017 of 19.96%. Short shares grew 1,974 over that period. The short-interest ratio decreased to 1.0 and the percentage of shorted shares was 0.00% on October 13.
A few notable investment firms have updated their holdings. As of quarter end Bank Of America Corp /de/ had bought 165 shares growing its stake by 189.7%. The value of the investment in WF increased from $4,000 to $12,000 a change of 200.0% quarter to quarter. As of the end of the quarter Parametric Portfolio Associates LLC had acquired a total of 14,652 shares growing its holdings by 6.3%. The value of the total investment in Woori Finance Holdings Co Ltd went from $11,396,000 to $11,593,000 increasing 1.7% for the reporting period.
Ubs Group Ag expanded its investment by buying 37 shares an increase of 41.1% in the quarter. Ubs Group Ag claims 127 shares with a value of $6,000. The total value of its holdings increased 50.0%. Connor, Clark & Lunn Investment Management Ltd. bolstered its ownership by buying 4,000 shares an increase of 36.5%. Connor, Clark & Lunn Investment Management Ltd. now controls 14,967 shares worth $698,000. The value of the position overall is up by 30.7%.
In the market the company is trading up from yesterday’s close of 43.11. The company currently has a P/E ratio of 34.03 and market cap is 9.71B. In the last earnings report the EPS was $1.30 with 225.33M shares now outstanding.
Woori Bank Co., Ltd., together with its subsidiaries, provides various commercial banking products and services for individuals and businesses in South Korea. The company operates through Consumer Banking, Corporate Banking, Investment Banking, Capital Markets, Credit Card, and Headquarters and Others segments. It offers demand, time, saving, and installment deposits, as well as certificates of deposit. The company also provides business startup, working capital, facility improvement, student, and mortgage loans; and loans for various purposes, such as new facility acquisition, new installation, expansion, restoration, or technology development, as well as for new construction, expansion, renovation, or purchase of the business property. In addition, it offers securities, property, special asset, money market, and mixed-asset funds; bulk and automatic transfer services; cash management services; and debit and credit cards, foreign currency, specialized remittance, expat banking, insurance, retirement pension, and custody services. Further, the company provides system software development and maintenance, credit information, asset securitization, and securities investment and other services. As of December 31, 2015, the company operated approximately 956 branches and offices in South Korea; and 21 branches and offices internationally. Woori Bank Co., Ltd. was founded in 1899 and is headquartered in Seoul, South Korea..Advertisement