Vontobel Holding AG (OTCMKTS:VONHF) Sees Large Growth in Short Interest

Vontobel Holding AG (OTCMKTS:VONHF) was the target of a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 32,153 shares, a growth of 134.5% from the September 15th total of 13,709 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Analyst Ratings Changes

Separately, Citigroup restated a “neutral” rating on shares of Vontobel in a report on Monday, July 13th. One investment analyst has rated the stock with a Hold rating. According to data from MarketBeat.com, Vontobel presently has an average rating of “Hold”.

Vontobel Price Performance

VONHF opened at C$90.19 on Thursday. Vontobel has a 12 month low of C$69.62 and a 12 month high of C$90.19. The firm’s fifty day simple moving average is C$90.19 and its 200 day simple moving average is C$90.19.

Vontobel Company Profile

Vontobel is a Switzerland-based investment firm headquartered in Zurich. Founded in 1924, the company provides investment and wealth management services to private clients, institutional investors and financial intermediaries.

Its activities include wealth management, asset management and investment solutions. Vontobel manages strategies across equities, fixed income, multi-asset investments and alternative investments, while also offering advisory services and customized portfolios. Through its investment banking activities, the company provides structured products, certificates and other market-linked investment instruments, as well as brokerage and capital-markets services in selected markets.

Vontobel serves clients internationally, with operations and distribution activities across Switzerland, Europe, the Americas and Asia-Pacific.