Mitsubishi UFJ Financial Group Inc (NYSE:MUFG) saw a significant growth in short interest during the month of August. As of August 31st, there was short interest totalling 3,087,000 shares, a growth of 90.6% from the July 31st total of 1,619,200 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 1,240,000 shares, the short-interest ratio is presently 2.5 days.

Shares of NYSE MUFG traded up $0.05 during trading hours on Friday, hitting $5.28. 38,979 shares of the company’s stock were exchanged, compared to its average volume of 1,122,412. Mitsubishi UFJ Financial Group has a 1-year low of $4.49 and a 1-year high of $6.47. The company has a debt-to-equity ratio of 2.07, a current ratio of 0.92 and a quick ratio of 0.92. The stock has a market capitalization of $67.84 billion, a price-to-earnings ratio of 7.14, a PEG ratio of 1.32 and a beta of 1.37. The company’s 50-day moving average price is $4.81 and its 200-day moving average price is $4.87.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last posted its quarterly earnings data on Wednesday, July 31st. The company reported $0.27 earnings per share for the quarter. Mitsubishi UFJ Financial Group had a return on equity of 6.46% and a net margin of 13.82%. The business had revenue of $16.41 billion during the quarter. On average, research analysts expect that Mitsubishi UFJ Financial Group will post 0.64 earnings per share for the current year.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Cornerstone Advisors Inc. raised its holdings in Mitsubishi UFJ Financial Group by 121.2% in the 1st quarter. Cornerstone Advisors Inc. now owns 6,022 shares of the company’s stock valued at $30,000 after acquiring an additional 3,299 shares in the last quarter. Parallel Advisors LLC raised its holdings in Mitsubishi UFJ Financial Group by 121.9% in the 1st quarter. Parallel Advisors LLC now owns 7,413 shares of the company’s stock valued at $37,000 after acquiring an additional 4,073 shares in the last quarter. Zions Bancorporation N.A. acquired a new position in Mitsubishi UFJ Financial Group in the 1st quarter valued at approximately $52,000. Lourd Capital LLC acquired a new position in Mitsubishi UFJ Financial Group in the 2nd quarter valued at approximately $56,000. Finally, AE Wealth Management LLC acquired a new position in Mitsubishi UFJ Financial Group in the 2nd quarter valued at approximately $58,000. 1.11% of the stock is owned by institutional investors and hedge funds.

MUFG has been the subject of a number of analyst reports. ValuEngine raised Mitsubishi UFJ Financial Group from a “strong sell” rating to a “sell” rating in a research report on Thursday, August 1st. TheStreet cut Mitsubishi UFJ Financial Group from a “c” rating to a “d” rating in a research report on Thursday, August 8th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and two have assigned a buy rating to the stock. The company currently has an average rating of “Hold”.

About Mitsubishi UFJ Financial Group

Mitsubishi UFJ Financial Group, Inc, a bank holding company, provides financial services in Japan and internationally. Its Retail Banking Business Group segment offers a range of products and services, such as bank deposits, loans, asset management and administration services, investment products, and settlement services.

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