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

Julius Bär Gruppe AG (OTCMKTS:JBAXY) was the target of a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 113,000 shares, an increase of 517.5% from the February 29th total of 18,300 shares. Based on an average trading volume of 210,500 shares, the short-interest ratio is currently 0.5 days.

Julius Bär Gruppe Stock Up 0.3 %

OTCMKTS JBAXY opened at $11.52 on Thursday. The business’s 50-day simple moving average is $10.95 and its 200-day simple moving average is $11.42. Julius Bär Gruppe has a 1-year low of $9.73 and a 1-year high of $14.69.

Julius Bär Gruppe Increases Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, May 1st. Shareholders of record on Tuesday, April 16th will be given a $0.3417 dividend. This is a boost from Julius Bär Gruppe’s previous dividend of $0.32. The ex-dividend date of this dividend is Monday, April 15th. Julius Bär Gruppe’s dividend payout ratio is presently 126.87%.

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.