Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) Short Interest Update

Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) was the recipient of a large increase in short interest in February. As of February 28th, there was short interest totalling 10,650,000 shares, an increase of 28.3% from the February 13th total of 8,300,000 shares. Based on an average daily volume of 3,070,000 shares, the short-interest ratio is presently 3.5 days. Currently, 0.1% of the shares of the company are short sold.

Institutional Investors Weigh In On Mitsubishi UFJ Financial Group

A number of large investors have recently modified their holdings of MUFG. Oppenheimer Asset Management Inc. lifted its position in shares of Mitsubishi UFJ Financial Group by 2.0% during the 3rd quarter. Oppenheimer Asset Management Inc. now owns 68,398 shares of the company’s stock worth $696,000 after buying an additional 1,336 shares during the last quarter. Huntington National Bank lifted its holdings in shares of Mitsubishi UFJ Financial Group by 13.3% in the third quarter. Huntington National Bank now owns 15,104 shares of the company’s stock worth $154,000 after acquiring an additional 1,770 shares during the last quarter. Adero Partners LLC boosted its stake in shares of Mitsubishi UFJ Financial Group by 13.5% in the 3rd quarter. Adero Partners LLC now owns 12,172 shares of the company’s stock valued at $124,000 after purchasing an additional 1,448 shares in the last quarter. Caprock Group LLC bought a new stake in shares of Mitsubishi UFJ Financial Group during the 3rd quarter valued at approximately $1,318,000. Finally, PNC Financial Services Group Inc. increased its position in Mitsubishi UFJ Financial Group by 2.0% during the 3rd quarter. PNC Financial Services Group Inc. now owns 301,488 shares of the company’s stock worth $3,069,000 after purchasing an additional 5,805 shares in the last quarter. Institutional investors and hedge funds own 13.59% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded shares of Mitsubishi UFJ Financial Group from a “sell” rating to a “hold” rating in a research report on Wednesday, March 5th.

Mitsubishi UFJ Financial Group Stock Performance

NYSE:MUFG opened at $14.28 on Wednesday. The company has a market cap of $172.27 billion, a price-to-earnings ratio of 13.10, a PEG ratio of 1.16 and a beta of 0.60. Mitsubishi UFJ Financial Group has a fifty-two week low of $8.75 and a fifty-two week high of $14.40. The company has a debt-to-equity ratio of 2.06, a quick ratio of 0.92 and a current ratio of 0.90. The stock has a fifty day moving average price of $12.66 and a 200-day moving average price of $11.63.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last announced its quarterly earnings data on Tuesday, February 4th. The company reported $0.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.19 by $0.09. Mitsubishi UFJ Financial Group had a net margin of 14.19% and a return on equity of 9.27%. As a group, equities analysts anticipate that Mitsubishi UFJ Financial Group will post 0.99 EPS for the current fiscal year.

About Mitsubishi UFJ Financial Group

Mitsubishi UFJ Financial Group, Inc operates as the bank holding company, that engages in a range of financial businesses in Japan, the United States, Europe, Asia/Oceania, and internationally. It operates through seven segments: Digital Service, Retail & Commercial Banking, Japanese Corporate & Investment Banking, Global Commercial Banking, Asset Management & Investor Services, Global Corporate & Investment Banking, and Global Markets.