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

Julius Bär Gruppe AG (OTCMKTS:JBAXY) saw a significant decline in short interest in October. As of October 31st, there was short interest totalling 12,200 shares, a decline of 82.8% from the October 15th total of 70,800 shares. Based on an average trading volume of 148,600 shares, the short-interest ratio is currently 0.1 days.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on JBAXY. UBS Group upgraded Julius Bär Gruppe to a “strong-buy” rating in a research note on Friday, July 26th. Royal Bank of Canada upgraded shares of Julius Bär Gruppe to a “moderate buy” rating in a report on Friday, July 26th.

Julius Bär Gruppe Price Performance

OTCMKTS:JBAXY traded down $0.30 on Tuesday, reaching $12.24. 171,854 shares of the company’s stock were exchanged, compared to its average volume of 171,419. The stock has a fifty day simple moving average of $12.00 and a 200-day simple moving average of $11.66. Julius Bär Gruppe has a 52 week low of $9.73 and a 52 week high of $12.83.

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.