Julius Bär Gruppe AG (OTCMKTS:JBAXY) Sees Significant Drop in Short Interest

Julius Bär Gruppe AG (OTCMKTS:JBAXY) saw a significant decrease in short interest in the month of February. As of February 15th, there was short interest totalling 100 shares, a decrease of 50.0% from the January 31st total of 200 shares. Based on an average daily volume of 264,300 shares, the short-interest ratio is presently 0.0 days.

Julius Bär Gruppe Stock Performance

Shares of JBAXY stock traded up $0.09 on Friday, reaching $13.35. 100,641 shares of the stock were exchanged, compared to its average volume of 110,819. The business’s 50 day moving average price is $13.09 and its 200 day moving average price is $12.50. Julius Bär Gruppe has a twelve month low of $10.33 and a twelve month high of $14.17.

Analyst Upgrades and Downgrades

Separately, Citigroup lowered shares of Julius Bär Gruppe from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 10th. Three equities research analysts have rated the stock with a hold rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.

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.