Julius Bär Gruppe AG (OTCMKTS:JBAXY) Shares Shorted: Short Interest Down 65.6% in September
by Scott Moore · The Cerbat GemJulius Bär Gruppe AG (OTCMKTS:JBAXY – Get Free Report) was the recipient of a large decrease in short interest in September. As of September 15th, there was short interest totaling 31,414 shares, a decrease of 65.6% from the August 31st total of 91,399 shares. Based on an average daily volume of 62,023 shares, the short-interest ratio is currently 0.5 days.
Julius Bär Gruppe Stock Performance
Shares of JBAXY stock traded up $0.27 during trading on Friday, reaching $17.23. The company’s stock had a trading volume of 71,545 shares, compared to its average volume of 104,886. The business has a fifty day moving average price of $18.04 and a 200-day moving average price of $16.88. Julius Bär Gruppe has a one year low of $13.07 and a one year high of $18.93.
Wall Street Analysts Forecast Growth
Separately, Keefe, Bruyette & Woods lowered Julius Bär Gruppe from a “hold” rating to a “moderate sell” rating in a report on Friday, June 19th. Two investment analysts have rated the stock with a Strong Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.
Read Our Latest Stock Report on JBAXY
About Julius Bär Gruppe
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.