Julius Bär Gruppe AG (OTCMKTS:JBAXY) Short Interest Down 19.7% in August

Julius Bär Gruppe AG (OTCMKTS:JBAXY) saw a significant decline in short interest in August. As of August 15th, there was short interest totaling 53,100 shares, adeclineof19.7% from the July 31st total of 66,100 shares. Based on an average daily volume of 278,800 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 278,800 shares, the days-to-cover ratio is currently 0.2 days.

Analyst Ratings Changes

JBAXY has been the topic of several research reports. UBS Group cut Julius Bär Gruppe from a “strong-buy” rating to a “hold” rating in a research note on Friday, June 6th. Barclays cut Julius Bär Gruppe from a “strong-buy” rating to a “hold” rating in a research note on Sunday, July 27th. One equities research analyst has rated the stock with a Strong Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

Julius Bär Gruppe Stock Performance

JBAXY traded down $0.01 during trading on Tuesday, reaching $14.39. The stock had a trading volume of 7,152 shares, compared to its average volume of 182,227. Julius Bär Gruppe has a 1-year low of $10.81 and a 1-year high of $14.95. The stock has a 50 day moving average of $14.01 and a two-hundred day moving average of $13.41.

Julius Bär Gruppe Company Profile

Julius Bär Gruppe AG provides wealth management solutions in Switzerland, Europe, the Americas, Asia, and internationally. The company offers investment advisory and discretionary mandates; structured products, securities execution and advisory, private markets and fund offering; wealth planning, family office services; asset servicing, and lombard lending solutions.