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

Julius Bär Gruppe AG (OTCMKTS:JBAXY) was the recipient of a significant increase in short interest in the month of July. As of July 15th, there was short interest totalling 7,600 shares, an increase of 181.5% from the June 30th total of 2,700 shares. Based on an average daily volume of 115,800 shares, the short-interest ratio is presently 0.1 days.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on JBAXY. HSBC cut Julius Bär Gruppe from a “buy” rating to a “hold” rating in a research note on Wednesday, July 10th. Hsbc Global Res upgraded shares of Julius Bär Gruppe to a “hold” rating in a research note on Wednesday, July 10th.

Julius Bär Gruppe Stock Performance

Shares of JBAXY stock traded up $0.05 during mid-day trading on Friday, hitting $10.73. 231,751 shares of the stock were exchanged, compared to its average volume of 165,672. The stock’s fifty day simple moving average is $11.57 and its two-hundred day simple moving average is $11.25. Julius Bär Gruppe has a 12-month low of $9.73 and a 12-month high of $14.52.

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.