Julius Bär Gruppe AG (OTCMKTS:JBAXY) Sees Large Decline in Short Interest

Julius Bär Gruppe AG (OTCMKTS:JBAXY) was the target of a significant decrease in short interest in the month of February. As of February 15th, there was short interest totalling 100 shares, a decrease of 50.0% from the January 31st total of 200 shares. Based on an average daily volume of 264,300 shares, the short-interest ratio is presently 0.0 days.

Analyst Upgrades and Downgrades

Separately, Citigroup lowered Julius Bär Gruppe from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 10th. Three research analysts have rated the stock with a hold rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy”.

Julius Bär Gruppe Stock Performance

Shares of OTCMKTS JBAXY traded up $0.09 during midday trading on Friday, hitting $13.35. The company’s stock had a trading volume of 100,641 shares, compared to its average volume of 110,819. The stock has a fifty day moving average price of $13.09 and a 200 day moving average price of $12.51. Julius Bär Gruppe has a one year low of $10.33 and a one year high of $14.17.

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.