Short Interest in Julius Bär Gruppe AG (OTCMKTS:JBAXY) Grows By 872.1%

Julius Bär Gruppe AG (OTCMKTS:JBAXY) saw a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 13,483 shares, an increase of 872.1% from the April 15th total of 1,387 shares. Based on an average daily trading volume, of 86,139 shares, the short-interest ratio is currently 0.2 days.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the company. Barclays upgraded Julius Bär Gruppe from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 20th. Zacks Research lowered Julius Bär Gruppe from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 17th. One analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy”.

Julius Bär Gruppe Price Performance

Julius Bär Gruppe stock traded down $0.29 during mid-day trading on Tuesday, reaching $16.89. 2,389 shares of the company’s stock were exchanged, compared to its average volume of 75,003. Julius Bär Gruppe has a twelve month low of $12.43 and a twelve month high of $17.70. The company has a fifty day moving average of $15.58 and a 200-day moving average of $15.49.

Julius Bär Gruppe Company Profile

Julius Bär Gruppe (OTCMKTS: JBAXY) is a Swiss global wealth manager headquartered in Zurich. The group specialises in private banking and asset management services for high-net-worth individuals and families. With a client-centric approach, Julius Bär offers tailored investment solutions designed to preserve and grow clients’ wealth over the long term.

The firm’s core services include discretionary and advisory portfolio management, wealth planning, lending and credit facilities, customised trading solutions and family office services.