Vontobel Holding AG (OTCMKTS:VONHF) Sees Significant Increase in Short Interest

Vontobel Holding AG (OTCMKTS:VONHF) was the recipient of a significant growth in short interest in September. As of September 30th, there was short interest totaling 32,153 shares, a growth of 134.5% from the September 15th total of 13,709 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ? days.

Vontobel Price Performance

Shares of OTCMKTS:VONHF opened at C$90.19 on Wednesday. Vontobel has a fifty-two week low of C$69.62 and a fifty-two week high of C$90.19. The firm has a 50-day simple moving average of C$90.19 and a 200 day simple moving average of C$90.19.

Wall Street Analysts Forecast Growth

Separately, Citigroup reaffirmed a “neutral” rating on shares of Vontobel in a report on Monday, July 13th. One equities research analyst has rated the stock with a Hold rating. According to MarketBeat.com, the stock currently has an average rating of “Hold”.

About Vontobel

Vontobel is a Switzerland-based investment firm headquartered in Zurich. Founded in 1924, the company provides investment and wealth management services to private clients, institutional investors and financial intermediaries.

Its activities include wealth management, asset management and investment solutions. Vontobel manages strategies across equities, fixed income, multi-asset investments and alternative investments, while also offering advisory services and customized portfolios. Through its investment banking activities, the company provides structured products, certificates and other market-linked investment instruments, as well as brokerage and capital-markets services in selected markets.

Vontobel serves clients internationally, with operations and distribution activities across Switzerland, Europe, the Americas and Asia-Pacific.