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

Julius Bär Gruppe AG (OTCMKTS:JBAXY) was the recipient of a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 34,488 shares, an increase of 304.1% from the June 30th total of 8,534 shares. Based on an average trading volume of 237,895 shares, the days-to-cover ratio is presently 0.1 days.

Julius Bär Gruppe Stock Performance

JBAXY stock opened at $17.17 on Friday. The stock’s 50 day moving average is $16.98 and its two-hundred day moving average is $16.45. Julius Bär Gruppe has a 52-week low of $13.07 and a 52-week high of $18.62.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. Citigroup upgraded shares of Julius Bär Gruppe from a “hold” rating to a “strong-buy” rating in a research note on Friday, May 22nd. Keefe, Bruyette & Woods downgraded shares of Julius Bär Gruppe from a “hold” rating to a “moderate sell” rating in a research note on Friday, June 19th. Finally, Barclays upgraded shares of Julius Bär Gruppe from a “hold” rating to a “strong-buy” rating in a report on Monday, April 20th. Two equities research analysts have rated the stock with a Strong Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

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.