Julius Bär Gruppe AG (OTCMKTS:JBAXY) Short Interest Up 872.1% in April

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 trading volume of 86,139 shares, the days-to-cover ratio is presently 0.2 days.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on JBAXY shares. Barclays raised Julius Bär Gruppe from a “hold” rating to a “strong-buy” rating in a report on Monday, April 20th. Zacks Research cut Julius Bär Gruppe from a “strong-buy” rating to a “hold” rating in a 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 stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

Julius Bär Gruppe Trading Up 1.8%

Julius Bär Gruppe stock opened at $17.37 on Thursday. The stock has a fifty day moving average price of $15.60 and a 200 day moving average price of $15.55. Julius Bär Gruppe has a 52 week low of $12.43 and a 52 week high of $17.70.

About Julius Bär Gruppe

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.