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

Julius Bär Gruppe AG (OTCMKTS:JBAXY) was the target of a large decline in short interest in the month of August. As of August 15th, there was short interest totalling 2,000 shares, a decline of 96.2% from the July 31st total of 52,200 shares. Based on an average daily volume of 1,011,400 shares, the days-to-cover ratio is currently 0.0 days.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on JBAXY shares. Hsbc Global Res raised shares of Julius Bär Gruppe to a “hold” rating in a research report on Wednesday, July 10th. UBS Group upgraded shares of Julius Bär Gruppe to a “strong-buy” rating in a research report on Friday, July 26th. HSBC lowered shares of Julius Bär Gruppe from a “buy” rating to a “hold” rating in a research report on Wednesday, July 10th. Finally, Royal Bank of Canada upgraded shares of Julius Bär Gruppe to a “moderate buy” rating in a research report on Friday, July 26th.

Julius Bär Gruppe Stock Up 0.3 %

Julius Bär Gruppe stock traded up $0.03 during mid-day trading on Tuesday, hitting $11.83. 78,728 shares of the stock were exchanged, compared to its average volume of 193,406. The firm’s fifty day simple moving average is $11.32 and its two-hundred day simple moving average is $11.31. Julius Bär Gruppe has a 12 month low of $9.73 and a 12 month high of $13.86.

About Julius Bär Gruppe

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.