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

Julius Bär Gruppe AG (OTCMKTS:JBAXY) was the recipient of a significant decline in short interest in the month of September. As of September 15th, there was short interest totaling 31,414 shares, a decline of 65.6% from the August 31st total of 91,399 shares. Based on an average trading volume of 62,023 shares, the short-interest ratio is currently 0.5 days.

Julius Bär Gruppe Price Performance

JBAXY stock traded up $1.14 during trading hours on Tuesday, reaching $18.38. 174,283 shares of the stock were exchanged, compared to its average volume of 105,006. The firm’s 50-day moving average is $18.03 and its 200-day moving average is $16.90. Julius Bär Gruppe has a 12 month low of $13.07 and a 12 month high of $18.93.

Wall Street Analyst Weigh In

Separately, Keefe, Bruyette & Woods lowered Julius Bär Gruppe from a “hold” rating to a “moderate sell” rating in a research report on Friday, June 19th. Two analysts have rated the stock with a Strong Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Julius Bär Gruppe has a consensus rating of “Moderate Buy”.

Julius Bär Gruppe Company Profile

Julius Bär Gruppe AG is a Swiss private banking group headquartered in Zurich. Founded in 1890, the company focuses on wealth management for private clients, entrepreneurs, family offices and external asset managers rather than on mass-market retail banking or investment banking.

Its services include investment advice and portfolio management, wealth planning, financing and lending, foreign exchange, and other banking and capital-markets solutions. Julius Baer also provides access to investment products and structured solutions designed to support clients’ long-term wealth preservation and growth objectives.

The group serves clients through a global network covering Switzerland, Europe, the Americas, Asia and selected markets in the Middle East.