Julius Bär Gruppe AG (OTCMKTS:JBAXY) Short Interest Update

Julius Bär Gruppe AG (OTCMKTS:JBAXY) was the target of a large growth in short interest in October. As of October 15th, there was short interest totalling 70,800 shares, a growth of 1,715.4% from the September 30th total of 3,900 shares. Based on an average daily volume of 424,800 shares, the short-interest ratio is currently 0.2 days.

Julius Bär Gruppe Price Performance

Shares of OTCMKTS:JBAXY traded down $0.06 during trading on Friday, reaching $12.42. The company had a trading volume of 57,190 shares, compared to its average volume of 177,446. Julius Bär Gruppe has a 12 month low of $9.73 and a 12 month high of $12.79. The company has a fifty day moving average of $11.80 and a two-hundred day moving average of $11.51.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on JBAXY shares. HSBC cut Julius Bär Gruppe from a “buy” rating to a “hold” rating in a research report on Wednesday, July 10th. Royal Bank of Canada raised shares of Julius Bär Gruppe to a “moderate buy” rating in a report on Friday, July 26th. Hsbc Global Res upgraded Julius Bär Gruppe to a “hold” rating in a research report on Wednesday, July 10th. Finally, UBS Group upgraded Julius Bär Gruppe to a “strong-buy” rating in a research note on Friday, July 26th.

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.