Julius Bär Gruppe AG (OTCMKTS:JBAXY) Short Interest Down 75.5% in May

Julius Bär Gruppe AG (OTCMKTS:JBAXY) was the recipient of a large decline in short interest in May. As of May 15th, there was short interest totaling 3,306 shares, a decline of 75.5% from the April 30th total of 13,483 shares. Based on an average daily trading volume, of 98,838 shares, the short-interest ratio is currently 0.0 days.

Analyst Ratings Changes

JBAXY has been the topic of a number of research reports. Barclays upgraded shares of Julius Bär Gruppe from a “hold” rating to a “strong-buy” rating in a report on Monday, April 20th. Zacks Research cut shares of Julius Bär Gruppe from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 17th. Finally, Citigroup upgraded shares of Julius Bär Gruppe from a “hold” rating to a “strong-buy” rating in a research note on Friday, May 22nd. Two analysts have rated the stock with a Strong Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Buy”.

Julius Bär Gruppe Stock Performance

Julius Bär Gruppe stock traded up $0.25 during mid-day trading on Friday, reaching $16.23. The stock had a trading volume of 209,763 shares, compared to its average volume of 100,109. The company has a 50-day moving average price of $15.84 and a two-hundred day moving average price of $15.82. Julius Bär Gruppe has a one year low of $12.43 and a one year high of $17.70.

Julius Bär Gruppe Company Profile

Julius Bär Gruppe (OTCMKTS: JBAXY) is a Swiss global wealth manager headquartered in Zurich. The group specialises in private banking and asset management services for high-net-worth individuals and families. With a client-centric approach, Julius Bär offers tailored investment solutions designed to preserve and grow clients’ wealth over the long term.

The firm’s core services include discretionary and advisory portfolio management, wealth planning, lending and credit facilities, customised trading solutions and family office services.